Yoga Studio Startup Cost Comparison
Casper, WY vs Los Angeles, CA
Casper, WY
$37,000 - $141,000
COL Index: 93.5
VS
Los Angeles, CA
$67,000 - $267,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Casper, WY | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$900 - $3,600 | $4,000 - $14,400 | -76% |
|
Commercial Lease (First + Last + Security)
|
$3,400 - $17,000 | $15,000 - $75,000 | -77% |
|
Studio Equipment & Props
|
$5,000 - $18,000 | $5,000 - $18,000 | Same |
|
Studio Build-Out & Design
|
$12,300 - $49,200 | $20,300 - $81,000 | -39% |
|
Technology & Booking Platform
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Business Insurance (Annual)
|
$1,500 - $4,500 | $1,500 - $4,500 | Same |
|
Marketing & Launch
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$9,400 - $32,700 | $16,700 - $58,300 | -44% |
| Total Estimated Cost | $37,000 - $141,000 | $67,000 - $267,000 | -47% |
Local Market Factors
| Factor | Casper | Los Angeles |
|---|---|---|
| Cost of Living Index | 93.5 | 166.5 |
| Commercial Rent ($/sqft/yr) | $8 - $18 | $30 - $85 |
| Labor Rate Index | 0.82 | 1.35 |
| Sales Tax | 6% | 9.5% |
| Minimum Wage | $7.25/hr | $16.78/hr |
| LLC Filing Fee | $100 | $70 |
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