Gym Startup Cost Comparison

Sparks, NV vs Miami, FL

Sparks, NV

$83,000 - $404,000

COL Index: 107.8

VS

Miami, FL

$100,000 - $499,000

COL Index: 128.3

Detailed Cost Comparison

Expense Sparks, NV Miami, FL Difference
Business Registration & Licenses
$2,000 - $7,400 $2,600 - $9,500 -22%
Commercial Lease (First + Last + Security)
$11,000 - $65,700 $23,500 - $140,900 -53%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$15,300 - $81,600 $16,200 - $86,400 -6%
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 - $64,700 $19,200 - $77,000 -16%
Total Estimated Cost $83,000 - $404,000 $100,000 - $499,000 -19%

Local Market Factors

Factor Sparks Miami
Cost of Living Index 107.8 128.3
Commercial Rent ($/sqft/yr) $14 - $28 $25 - $65
Labor Rate Index 1.02 1.08
Sales Tax 8.265% 7%
Minimum Wage $12.00/hr $13.00/hr
LLC Filing Fee $425 $125

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