Personal Training Startup Cost Comparison

Pomona, CA vs New York, NY

Pomona, CA

$15,000 - $96,000

COL Index: 117.8

VS

New York, NY

$21,000 - $162,000

COL Index: 187.2

Detailed Cost Comparison

Expense Pomona, CA New York, NY Difference
Business Registration & Certification
$2,600 - $9,700 $5,300 - $17,100 -45%
Studio Lease or Gym Rental (First + Last + Security)
$0 - $18,000 $0 - $62,600 -71%
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)
$5,900 - $23,600 $9,400 - $37,400 -37%
Total Estimated Cost $15,000 - $96,000 $21,000 - $162,000 -39%

Local Market Factors

Factor Pomona New York
Cost of Living Index 117.8 187.2
Commercial Rent ($/sqft/yr) $16 - $30 $40 - $120
Labor Rate Index 1.05 1.45
Sales Tax 10.25% 8.875%
Minimum Wage $16.00/hr $16.00/hr
LLC Filing Fee $70 $200

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