Martial Arts Studio Startup Cost Comparison

Springfield, MA vs Miami, FL

Springfield, MA

$26,000 - $125,000

COL Index: 96.8

VS

Miami, FL

$35,000 - $171,000

COL Index: 128.3

Detailed Cost Comparison

Expense Springfield, MA Miami, FL Difference
Business Registration & Licenses
$2,400 - $11,300 $2,600 - $9,500 +13%
Studio Lease (First + Last + Security)
$3,500 - $19,500 $9,800 - $54,800 -64%
Studio Build-Out
$4,800 - $23,800 $5,400 - $27,000 -12%
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 - $29,000 $7,700 - $38,500 -25%
Total Estimated Cost $26,000 - $125,000 $35,000 - $171,000 -27%

Local Market Factors

Factor Springfield Miami
Cost of Living Index 96.8 128.3
Commercial Rent ($/sqft/yr) $10 - $22 $25 - $65
Labor Rate Index 0.95 1.08
Sales Tax 6.25% 7%
Minimum Wage $15.00/hr $13.00/hr
LLC Filing Fee $500 $125

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