Personal Training Startup Cost Comparison

Columbia, MO vs Miami, FL

Columbia, MO

$11,000 - $81,000

COL Index: 91.8

VS

Miami, FL

$15,000 - $115,000

COL Index: 128.3

Detailed Cost Comparison

Expense Columbia, MO Miami, FL Difference
Business Registration & Certification
$800 - $3,400 $2,600 - $9,500 -65%
Studio Lease or Gym Rental (First + Last + Security)
$0 - $14,500 $0 - $35,200 -59%
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)
$4,600 - $18,400 $6,400 - $25,700 -28%
Total Estimated Cost $11,000 - $81,000 $15,000 - $115,000 -29%

Local Market Factors

Factor Columbia Miami
Cost of Living Index 91.8 128.3
Commercial Rent ($/sqft/yr) $11 - $26 $25 - $65
Labor Rate Index 0.85 1.08
Sales Tax 8.975% 7%
Minimum Wage $13.75/hr $13.00/hr
LLC Filing Fee $50 $125

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