Gym Startup Cost Comparison

Sandy Springs, GA vs Chicago, IL

Sandy Springs, GA

$92,000 - $463,000

COL Index: 108.3

VS

Chicago, IL

$101,000 - $494,000

COL Index: 107.8

Detailed Cost Comparison

Expense Sandy Springs, GA Chicago, IL Difference
Business Registration & Licenses
$2,400 - $8,900 $5,600 - $10,900 -32%
Commercial Lease (First + Last + Security)
$19,300 - $115,800 $23,500 - $140,900 -18%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$16,500 - $88,000 $17,300 - $92,000 -4%
Business Insurance (Annual)
$3,000 - $10,000 $3,000 - $10,000 Same
Technology & Software
$2,000 - $10,000 $2,000 - $10,000 Same
Marketing & Pre-Sale Campaign
$3,000 - $15,000 $3,000 - $15,000 Same
Working Capital (3 Months)
$16,200 - $65,000 $16,200 - $64,700 Same
Total Estimated Cost $92,000 - $463,000 $101,000 - $494,000 -7%

Local Market Factors

Factor Sandy Springs Chicago
Cost of Living Index 108.3 107.8
Commercial Rent ($/sqft/yr) $22 - $52 $25 - $65
Labor Rate Index 1.1 1.15
Sales Tax 8.9% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $100 $150

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