Martial Arts Studio Startup Cost Comparison
Aurora, IL vs New York, NY
Aurora, IL
$25,000 - $124,000
COL Index: 96
VS
New York, NY
$50,000 - $248,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Aurora, IL | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$800 - $4,500 | $5,300 - $17,100 | -76% |
|
Studio Lease (First + Last + Security)
|
$4,600 - $25,600 | $17,400 - $97,400 | -74% |
|
Studio Build-Out
|
$4,800 - $23,800 | $7,300 - $36,300 | -34% |
|
Training Equipment & Gear
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Uniform & Merchandise Inventory
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Business Insurance (Annual)
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Marketing & Student Recruitment
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$5,800 - $28,800 | $11,200 - $56,200 | -49% |
| Total Estimated Cost | $25,000 - $124,000 | $50,000 - $248,000 | -50% |
Local Market Factors
| Factor | Aurora | New York |
|---|---|---|
| Cost of Living Index | 96 | 187.2 |
| Commercial Rent ($/sqft/yr) | $14 - $28 | $40 - $120 |
| Labor Rate Index | 0.95 | 1.45 |
| Sales Tax | 8% | 8.875% |
| Minimum Wage | $14.00/hr | $16.00/hr |
| LLC Filing Fee | $150 | $200 |
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