Gym Startup Cost Comparison

Vancouver, WA vs Miami, FL

Vancouver, WA

$84,000 - $411,000

COL Index: 108.5

VS

Miami, FL

$100,000 - $499,000

COL Index: 128.3

Detailed Cost Comparison

Expense Vancouver, WA Miami, FL Difference
Business Registration & Licenses
$1,900 - $7,100 $2,600 - $9,500 -26%
Commercial Lease (First + Last + Security)
$12,000 - $72,000 $23,500 - $140,900 -49%
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)
$16,300 - $65,100 $19,200 - $77,000 -15%
Total Estimated Cost $84,000 - $411,000 $100,000 - $499,000 -17%

Local Market Factors

Factor Vancouver Miami
Cost of Living Index 108.5 128.3
Commercial Rent ($/sqft/yr) $14 - $32 $25 - $65
Labor Rate Index 1.02 1.08
Sales Tax 8.7% 7%
Minimum Wage $16.28/hr $13.00/hr
LLC Filing Fee $180 $125

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