Yoga Studio Startup Cost Comparison
Norman, OK vs Los Angeles, CA
Norman, OK
$38,000 - $146,000
COL Index: 88.5
VS
Los Angeles, CA
$67,000 - $267,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Norman, OK | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,200 - $3,700 | $4,000 - $14,400 | -73% |
|
Commercial Lease (First + Last + Security)
|
$4,200 - $20,900 | $15,000 - $75,000 | -72% |
|
Studio Equipment & Props
|
$5,000 - $18,000 | $5,000 - $18,000 | Same |
|
Studio Build-Out & Design
|
$12,900 - $51,600 | $20,300 - $81,000 | -36% |
|
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)
|
$8,900 - $31,000 | $16,700 - $58,300 | -47% |
| Total Estimated Cost | $38,000 - $146,000 | $67,000 - $267,000 | -45% |
Local Market Factors
| Factor | Norman | Los Angeles |
|---|---|---|
| Cost of Living Index | 88.5 | 166.5 |
| Commercial Rent ($/sqft/yr) | $10 - $22 | $30 - $85 |
| Labor Rate Index | 0.86 | 1.35 |
| Sales Tax | 8.75% | 9.5% |
| Minimum Wage | $7.25/hr | $16.78/hr |
| LLC Filing Fee | $100 | $70 |
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