Arcade & Gaming Center Startup Cost Comparison

Akron, OH vs Miami, FL

Akron, OH

$76,000 - $441,000

COL Index: 86

VS

Miami, FL

$110,000 - $676,000

COL Index: 128.3

Detailed Cost Comparison

Expense Akron, OH Miami, FL Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Commercial Lease & Build-Out
$11,300 - $84,800 $39,100 - $293,500 -71%
Arcade Games & Equipment
$40,000 - $250,000 $40,000 - $250,000 Same
Business Insurance (Annual)
$3,000 - $12,000 $3,000 - $12,000 Same
Concessions & Food Service
$5,000 - $25,000 $5,000 - $25,000 Same
Marketing & Grand Opening
$3,000 - $15,000 $3,000 - $15,000 Same
Working Capital (3 Months)
$12,900 - $51,600 $19,200 - $77,000 -33%
Total Estimated Cost $76,000 - $441,000 $110,000 - $676,000 -34%

Local Market Factors

Factor Akron Miami
Cost of Living Index 86 128.3
Commercial Rent ($/sqft/yr) $8 - $18 $25 - $65
Labor Rate Index 0.85 1.08
Sales Tax 6.75% 7%
Minimum Wage $10.45/hr $13.00/hr
LLC Filing Fee $99 $125

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