Personal Training Startup Cost Comparison

North Las Vegas, NV vs Miami, FL

North Las Vegas, NV

$13,000 - $87,000

COL Index: 100.2

VS

Miami, FL

$15,000 - $115,000

COL Index: 128.3

Detailed Cost Comparison

Expense North Las Vegas, NV Miami, FL Difference
Business Registration & Certification
$1,600 - $6,700 $2,600 - $9,500 -31%
Studio Lease or Gym Rental (First + Last + Security)
$0 - $15,700 $0 - $35,200 -55%
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)
$5,000 - $20,000 $6,400 - $25,700 -22%
Total Estimated Cost $13,000 - $87,000 $15,000 - $115,000 -23%

Local Market Factors

Factor North Las Vegas Miami
Cost of Living Index 100.2 128.3
Commercial Rent ($/sqft/yr) $12 - $28 $25 - $65
Labor Rate Index 0.92 1.08
Sales Tax 8.375% 7%
Minimum Wage $12.00/hr $13.00/hr
LLC Filing Fee $425 $125

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