Personal Training Startup Cost Comparison

Duluth, MN vs Miami, FL

Duluth, MN

$12,000 - $80,000

COL Index: 93

VS

Miami, FL

$15,000 - $115,000

COL Index: 128.3

Detailed Cost Comparison

Expense Duluth, MN Miami, FL Difference
Business Registration & Certification
$800 - $3,900 $2,600 - $9,500 -61%
Studio Lease or Gym Rental (First + Last + Security)
$0 - $12,500 $0 - $35,200 -64%
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)
$4,700 - $18,600 $6,400 - $25,700 -27%
Total Estimated Cost $12,000 - $80,000 $15,000 - $115,000 -29%

Local Market Factors

Factor Duluth Miami
Cost of Living Index 93 128.3
Commercial Rent ($/sqft/yr) $10 - $22 $25 - $65
Labor Rate Index 0.9 1.08
Sales Tax 8.875% 7%
Minimum Wage $10.85/hr $13.00/hr
LLC Filing Fee $155 $125

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