Gym Startup Cost Comparison

St. Louis, MO vs Miami, FL

St. Louis, MO

$76,000 - $378,000

COL Index: 90.8

VS

Miami, FL

$100,000 - $499,000

COL Index: 128.3

Detailed Cost Comparison

Expense St. Louis, MO Miami, FL Difference
Business Registration & Licenses
$800 - $4,000 $2,600 - $9,500 -60%
Commercial Lease (First + Last + Security)
$10,400 - $62,600 $23,500 - $140,900 -56%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$13,500 - $72,000 $16,200 - $86,400 -17%
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)
$13,600 - $54,500 $19,200 - $77,000 -29%
Total Estimated Cost $76,000 - $378,000 $100,000 - $499,000 -24%

Local Market Factors

Factor St. Louis Miami
Cost of Living Index 90.8 128.3
Commercial Rent ($/sqft/yr) $12 - $28 $25 - $65
Labor Rate Index 0.9 1.08
Sales Tax 9.679% 7%
Minimum Wage $12.30/hr $13.00/hr
LLC Filing Fee $50 $125

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