Martial Arts Studio Startup Cost Comparison
Wilmington, DE vs Chicago, IL
Wilmington, DE
$27,000 - $129,000
COL Index: 102.4
VS
Chicago, IL
$37,000 - $168,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Wilmington, DE | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,900 - $6,300 | $5,600 - $10,900 | -50% |
|
Studio Lease (First + Last + Security)
|
$4,600 - $25,600 | $9,800 - $54,800 | -53% |
|
Studio Build-Out
|
$5,100 - $25,500 | $5,800 - $28,800 | -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)
|
$6,100 - $30,700 | $6,500 - $32,300 | -5% |
| Total Estimated Cost | $27,000 - $129,000 | $37,000 - $168,000 | -24% |
Local Market Factors
| Factor | Wilmington | Chicago |
|---|---|---|
| Cost of Living Index | 102.4 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $28 | $25 - $65 |
| Labor Rate Index | 1.02 | 1.15 |
| Sales Tax | 0% | 10.25% |
| Minimum Wage | $13.25/hr | $15.80/hr |
| LLC Filing Fee | $90 | $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