Swim School Startup Cost Comparison

Corona, CA vs New York, NY

Corona, CA

$35,000 - $197,000

COL Index: 112.5

VS

New York, NY

$92,000 - $533,000

COL Index: 187.2

Detailed Cost Comparison

Expense Corona, CA New York, NY Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$17,400 - $104,300 $69,600 - $417,400 -75%
Initial Supplies & Inventory
$7,500 - $45,000 $7,500 - $45,000 Same
Business Insurance (Annual)
$500 - $6,000 $500 - $6,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$8,400 - $33,800 $14,000 - $56,200 -40%
Total Estimated Cost $35,000 - $197,000 $92,000 - $533,000 -63%

Local Market Factors

Factor Corona New York
Cost of Living Index 112.5 187.2
Commercial Rent ($/sqft/yr) $14 - $26 $40 - $120
Labor Rate Index 1.02 1.45
Sales Tax 8.75% 8.875%
Minimum Wage $16.00/hr $16.00/hr
LLC Filing Fee $70 $200

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