Personal Training Startup Cost Comparison
Minneapolis, MN vs Houston, TX
Minneapolis, MN
$13,000 - $98,000
COL Index: 109.5
VS
Houston, TX
$13,000 - $95,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Minneapolis, MN | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Certification
|
$1,400 - $6,300 | $1,900 - $6,200 | -5% |
|
Studio Lease or Gym Rental (First + Last + Security)
|
$0 - $24,700 | $0 - $24,700 | Same |
|
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)
|
$5,500 - $21,900 | $4,800 - $19,300 | +14% |
| Total Estimated Cost | $13,000 - $98,000 | $13,000 - $95,000 | +3% |
Local Market Factors
| Factor | Minneapolis | Houston |
|---|---|---|
| Cost of Living Index | 109.5 | 96.5 |
| Commercial Rent ($/sqft/yr) | $18 - $45 | $18 - $45 |
| Labor Rate Index | 1.08 | 0.92 |
| Sales Tax | 8.025% | 8.25% |
| Minimum Wage | $15.57/hr | $7.25/hr |
| LLC Filing Fee | $155 | $300 |
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