Gym Startup Cost Comparison

Tacoma, WA vs Miami, FL

Tacoma, WA

$89,000 - $437,000

COL Index: 118.5

VS

Miami, FL

$100,000 - $499,000

COL Index: 128.3

Detailed Cost Comparison

Expense Tacoma, WA Miami, FL Difference
Business Registration & Licenses
$2,100 - $8,500 $2,600 - $9,500 -12%
Commercial Lease (First + Last + Security)
$14,100 - $84,500 $23,500 - $140,900 -40%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$16,500 - $88,000 $16,200 - $86,400 +2%
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)
$17,800 - $71,100 $19,200 - $77,000 -8%
Total Estimated Cost $89,000 - $437,000 $100,000 - $499,000 -12%

Local Market Factors

Factor Tacoma Miami
Cost of Living Index 118.5 128.3
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 1.1 1.08
Sales Tax 10.2% 7%
Minimum Wage $16.28/hr $13.00/hr
LLC Filing Fee $180 $125

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