Swim School Startup Cost Comparison

Garland, TX vs New York, NY

Garland, TX

$32,000 - $186,000

COL Index: 91.8

VS

New York, NY

$92,000 - $533,000

COL Index: 187.2

Detailed Cost Comparison

Expense Garland, TX New York, NY Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$16,500 - $99,100 $69,600 - $417,400 -76%
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)
$6,900 - $27,500 $14,000 - $56,200 -51%
Total Estimated Cost $32,000 - $186,000 $92,000 - $533,000 -65%

Local Market Factors

Factor Garland New York
Cost of Living Index 91.8 187.2
Commercial Rent ($/sqft/yr) $12 - $26 $40 - $120
Labor Rate Index 0.9 1.45
Sales Tax 8.25% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $300 $200

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