Pilates Studio Startup Cost Comparison
Flagstaff, AZ vs New York, NY
Flagstaff, AZ
$24,000 - $117,000
COL Index: 115.5
VS
New York, NY
$56,000 - $270,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Flagstaff, AZ | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$13,300 - $66,500 | $41,700 - $208,700 | -68% |
|
Initial Supplies & Inventory
|
$4,500 - $22,500 | $4,500 - $22,500 | Same |
|
Business Insurance (Annual)
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Marketing & Launch
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Working Capital (3 Months)
|
$5,200 - $17,300 | $8,400 - $28,100 | -38% |
| Total Estimated Cost | $24,000 - $117,000 | $56,000 - $270,000 | -57% |
Local Market Factors
| Factor | Flagstaff | New York |
|---|---|---|
| Cost of Living Index | 115.5 | 187.2 |
| Commercial Rent ($/sqft/yr) | $16 - $35 | $40 - $120 |
| Labor Rate Index | 1.02 | 1.45 |
| Sales Tax | 9.18% | 8.875% |
| Minimum Wage | $17.40/hr | $16.00/hr |
| LLC Filing Fee | $50 | $200 |
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