Gym Startup Cost Comparison

Yonkers, NY vs Los Angeles, CA

Yonkers, NY

$99,000 - $488,000

COL Index: 132.8

VS

Los Angeles, CA

$117,000 - $587,000

COL Index: 166.5

Detailed Cost Comparison

Expense Yonkers, NY Los Angeles, CA Difference
Business Registration & Licenses
$3,600 - $11,700 $4,000 - $14,400 -17%
Commercial Lease (First + Last + Security)
$18,300 - $109,600 $30,000 - $180,000 -39%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$19,200 - $102,400 $20,300 - $108,000 -5%
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)
$19,900 - $79,700 $25,000 - $99,900 -20%
Total Estimated Cost $99,000 - $488,000 $117,000 - $587,000 -17%

Local Market Factors

Factor Yonkers Los Angeles
Cost of Living Index 132.8 166.5
Commercial Rent ($/sqft/yr) $22 - $48 $30 - $85
Labor Rate Index 1.28 1.35
Sales Tax 8.875% 9.5%
Minimum Wage $16.00/hr $16.78/hr
LLC Filing Fee $200 $70

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