Martial Arts Studio Startup Cost Comparison
Springfield, MA vs New York, NY
Springfield, MA
$26,000 - $125,000
COL Index: 96.8
VS
New York, NY
$50,000 - $248,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Springfield, MA | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,400 - $11,300 | $5,300 - $17,100 | -39% |
|
Studio Lease (First + Last + Security)
|
$3,500 - $19,500 | $17,400 - $97,400 | -80% |
|
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 - $29,000 | $11,200 - $56,200 | -48% |
| Total Estimated Cost | $26,000 - $125,000 | $50,000 - $248,000 | -49% |
Local Market Factors
| Factor | Springfield | New York |
|---|---|---|
| Cost of Living Index | 96.8 | 187.2 |
| Commercial Rent ($/sqft/yr) | $10 - $22 | $40 - $120 |
| Labor Rate Index | 0.95 | 1.45 |
| Sales Tax | 6.25% | 8.875% |
| Minimum Wage | $15.00/hr | $16.00/hr |
| LLC Filing Fee | $500 | $200 |
View Full Details
Ready to Start Your Martial Arts Studio?
Start your Martial Arts Studio LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot