Gym Startup Cost Comparison

Washington, DC vs Miami, FL

Washington, DC

$114,000 - $572,000

COL Index: 148.7

VS

Miami, FL

$100,000 - $499,000

COL Index: 128.3

Detailed Cost Comparison

Expense Washington, DC Miami, FL Difference
Business Registration & Licenses
$3,800 - $12,300 $2,600 - $9,500 +33%
Commercial Lease (First + Last + Security)
$28,700 - $172,200 $23,500 - $140,900 +22%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$21,300 - $113,600 $16,200 - $86,400 +31%
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)
$22,300 - $89,200 $19,200 - $77,000 +16%
Total Estimated Cost $114,000 - $572,000 $100,000 - $499,000 +15%

Local Market Factors

Factor Washington Miami
Cost of Living Index 148.7 128.3
Commercial Rent ($/sqft/yr) $30 - $80 $25 - $65
Labor Rate Index 1.42 1.08
Sales Tax 6% 7%
Minimum Wage $17.50/hr $13.00/hr
LLC Filing Fee $99 $125

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