Personal Training Startup Cost Comparison

Des Moines, IA vs Chicago, IL

Des Moines, IA

$11,000 - $82,000

COL Index: 90.2

VS

Chicago, IL

$17,000 - $113,000

COL Index: 107.8

Detailed Cost Comparison

Expense Des Moines, IA Chicago, IL Difference
Business Registration & Certification
$800 - $3,900 $5,600 - $10,900 -72%
Studio Lease or Gym Rental (First + Last + Security)
$0 - $14,900 $0 - $35,200 -58%
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)
$4,500 - $18,000 $5,400 - $21,600 -17%
Total Estimated Cost $11,000 - $82,000 $17,000 - $113,000 -28%

Local Market Factors

Factor Des Moines Chicago
Cost of Living Index 90.2 107.8
Commercial Rent ($/sqft/yr) $12 - $26 $25 - $65
Labor Rate Index 0.9 1.15
Sales Tax 7% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $50 $150

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