Gym Startup Cost Comparison

Yuma, AZ vs New York, NY

Yuma, AZ

$72,000 - $352,000

COL Index: 90.3

VS

New York, NY

$135,000 - $681,000

COL Index: 187.2

Detailed Cost Comparison

Expense Yuma, AZ New York, NY Difference
Business Registration & Licenses
$1,000 - $3,800 $5,300 - $17,100 -79%
Commercial Lease (First + Last + Security)
$6,800 - $40,700 $41,700 - $250,400 -84%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$12,800 - $68,000 $21,800 - $116,000 -41%
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)
$13,500 - $54,200 $28,100 - $112,300 -52%
Total Estimated Cost $72,000 - $352,000 $135,000 - $681,000 -48%

Local Market Factors

Factor Yuma New York
Cost of Living Index 90.3 187.2
Commercial Rent ($/sqft/yr) $8 - $18 $40 - $120
Labor Rate Index 0.85 1.45
Sales Tax 9.2% 8.875%
Minimum Wage $14.35/hr $16.00/hr
LLC Filing Fee $50 $200

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