Martial Arts Studio Startup Cost Comparison

Greenville, NC vs Miami, FL

Greenville, NC

$23,000 - $113,000

COL Index: 89.5

VS

Miami, FL

$35,000 - $171,000

COL Index: 128.3

Detailed Cost Comparison

Expense Greenville, NC Miami, FL Difference
Business Registration & Licenses
$800 - $3,900 $2,600 - $9,500 -61%
Studio Lease (First + Last + Security)
$3,700 - $20,700 $9,800 - $54,800 -62%
Studio Build-Out
$4,100 - $20,500 $5,400 - $27,000 -24%
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)
$5,400 - $26,900 $7,700 - $38,500 -30%
Total Estimated Cost $23,000 - $113,000 $35,000 - $171,000 -34%

Local Market Factors

Factor Greenville Miami
Cost of Living Index 89.5 128.3
Commercial Rent ($/sqft/yr) $10 - $24 $25 - $65
Labor Rate Index 0.82 1.08
Sales Tax 7% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $125 $125

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