Martial Arts Studio Startup Cost Comparison
West Palm Beach, FL vs Chicago, IL
West Palm Beach, FL
$30,000 - $146,000
COL Index: 110.2
VS
Chicago, IL
$37,000 - $168,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | West Palm Beach, FL | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,400 - $8,300 | $5,600 - $10,900 | -35% |
|
Studio Lease (First + Last + Security)
|
$6,700 - $37,700 | $9,800 - $54,800 | -31% |
|
Studio Build-Out
|
$5,300 - $26,300 | $5,800 - $28,800 | -9% |
|
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)
|
$6,600 - $33,100 | $6,500 - $32,300 | +2% |
| Total Estimated Cost | $30,000 - $146,000 | $37,000 - $168,000 | -14% |
Local Market Factors
| Factor | West Palm Beach | Chicago |
|---|---|---|
| Cost of Living Index | 110.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $20 - $42 | $25 - $65 |
| Labor Rate Index | 1.05 | 1.15 |
| Sales Tax | 7% | 10.25% |
| Minimum Wage | $13.00/hr | $15.80/hr |
| LLC Filing Fee | $125 | $150 |
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