Personal Training Startup Cost Comparison

Asheville, NC vs Chicago, IL

Asheville, NC

$13,000 - $93,000

COL Index: 105.8

VS

Chicago, IL

$17,000 - $113,000

COL Index: 107.8

Detailed Cost Comparison

Expense Asheville, NC Chicago, IL Difference
Business Registration & Certification
$1,400 - $5,600 $5,600 - $10,900 -58%
Studio Lease or Gym Rental (First + Last + Security)
$0 - $21,100 $0 - $35,200 -40%
Fitness Equipment
$3,000 - $30,000 $3,000 - $30,000 Same
Software & Technology
$500 - $3,000 $500 - $3,000 Same
Business & Liability Insurance (Annual)
$1,000 - $4,000 $1,000 - $4,000 Same
Marketing & Client Acquisition
$1,500 - $8,000 $1,500 - $8,000 Same
Working Capital (3 Months)
$5,300 - $21,200 $5,400 - $21,600 -2%
Total Estimated Cost $13,000 - $93,000 $17,000 - $113,000 -18%

Local Market Factors

Factor Asheville Chicago
Cost of Living Index 105.8 107.8
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 0.95 1.15
Sales Tax 7.25% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $125 $150

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