Martial Arts Studio Startup Cost Comparison

Bakersfield, CA vs Chicago, IL

Bakersfield, CA

$24,000 - $115,000

COL Index: 100.5

VS

Chicago, IL

$37,000 - $168,000

COL Index: 107.8

Detailed Cost Comparison

Expense Bakersfield, CA Chicago, IL Difference
Business Registration & Licenses
$1,400 - $5,000 $5,600 - $10,900 -61%
Studio Lease (First + Last + Security)
$3,000 - $17,000 $9,800 - $54,800 -69%
Studio Build-Out
$4,300 - $21,300 $5,800 - $28,800 -26%
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)
$6,000 - $30,200 $6,500 - $32,300 -7%
Total Estimated Cost $24,000 - $115,000 $37,000 - $168,000 -32%

Local Market Factors

Factor Bakersfield Chicago
Cost of Living Index 100.5 107.8
Commercial Rent ($/sqft/yr) $10 - $18 $25 - $65
Labor Rate Index 0.85 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $16.00/hr $15.80/hr
LLC Filing Fee $70 $150

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