Martial Arts Studio Startup Cost Comparison
Joliet, IL vs Los Angeles, CA
Joliet, IL
$24,000 - $119,000
COL Index: 93.5
VS
Los Angeles, CA
$42,000 - $209,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Joliet, IL | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$800 - $3,900 | $4,000 - $14,400 | -74% |
|
Studio Lease (First + Last + Security)
|
$4,100 - $23,100 | $12,500 - $70,000 | -67% |
|
Studio Build-Out
|
$4,600 - $23,000 | $6,800 - $33,800 | -32% |
|
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)
|
$5,600 - $28,100 | $10,000 - $50,000 | -44% |
| Total Estimated Cost | $24,000 - $119,000 | $42,000 - $209,000 | -43% |
Local Market Factors
| Factor | Joliet | Los Angeles |
|---|---|---|
| Cost of Living Index | 93.5 | 166.5 |
| Commercial Rent ($/sqft/yr) | $12 - $26 | $30 - $85 |
| Labor Rate Index | 0.92 | 1.35 |
| Sales Tax | 8% | 9.5% |
| Minimum Wage | $14.00/hr | $16.78/hr |
| LLC Filing Fee | $150 | $70 |
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