Personal Training Startup Cost Comparison

Fort Wayne, IN vs New York, NY

Fort Wayne, IN

$11,000 - $77,000

COL Index: 85.5

VS

New York, NY

$21,000 - $162,000

COL Index: 187.2

Detailed Cost Comparison

Expense Fort Wayne, IN New York, NY Difference
Business Registration & Certification
$700 - $3,300 $5,300 - $17,100 -82%
Studio Lease or Gym Rental (First + Last + Security)
$0 - $11,700 $0 - $62,600 -81%
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)
$4,300 - $17,100 $9,400 - $37,400 -54%
Total Estimated Cost $11,000 - $77,000 $21,000 - $162,000 -52%

Local Market Factors

Factor Fort Wayne New York
Cost of Living Index 85.5 187.2
Commercial Rent ($/sqft/yr) $10 - $20 $40 - $120
Labor Rate Index 0.84 1.45
Sales Tax 7% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $95 $200

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