Personal Training Startup Cost Comparison

Memphis, TN vs Los Angeles, CA

Memphis, TN

$12,000 - $83,000

COL Index: 87.6

VS

Los Angeles, CA

$18,000 - $138,000

COL Index: 166.5

Detailed Cost Comparison

Expense Memphis, TN Los Angeles, CA Difference
Business Registration & Certification
$1,300 - $4,400 $4,000 - $14,400 -69%
Studio Lease or Gym Rental (First + Last + Security)
$0 - $15,700 $0 - $45,000 -65%
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)
$4,400 - $17,500 $8,300 - $33,300 -47%
Total Estimated Cost $12,000 - $83,000 $18,000 - $138,000 -39%

Local Market Factors

Factor Memphis Los Angeles
Cost of Living Index 87.6 166.5
Commercial Rent ($/sqft/yr) $12 - $28 $30 - $85
Labor Rate Index 0.85 1.35
Sales Tax 9.75% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $300 $70

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