Martial Arts Studio Startup Cost Comparison

Trenton, NJ vs New York, NY

Trenton, NJ

$29,000 - $144,000

COL Index: 100.8

VS

New York, NY

$50,000 - $248,000

COL Index: 187.2

Detailed Cost Comparison

Expense Trenton, NJ New York, NY Difference
Business Registration & Licenses
$5,400 - $26,200 $5,300 - $17,100 +41%
Studio Lease (First + Last + Security)
$3,900 - $21,900 $17,400 - $97,400 -78%
Studio Build-Out
$4,900 - $24,500 $7,300 - $36,300 -33%
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 $11,200 - $56,200 -46%
Total Estimated Cost $29,000 - $144,000 $50,000 - $248,000 -42%

Local Market Factors

Factor Trenton New York
Cost of Living Index 100.8 187.2
Commercial Rent ($/sqft/yr) $12 - $24 $40 - $120
Labor Rate Index 0.98 1.45
Sales Tax 6.625% 8.875%
Minimum Wage $15.49/hr $16.00/hr
LLC Filing Fee $125 $200

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