Arcade & Gaming Center Startup Cost Comparison
Aurora, IL vs New York, NY
Aurora, IL
$84,000 - $500,000
COL Index: 96
VS
New York, NY
$149,000 - $939,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Aurora, IL | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$18,300 - $137,000 | $69,600 - $521,700 | -74% |
|
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)
|
$14,400 - $57,600 | $28,100 - $112,300 | -49% |
| Total Estimated Cost | $84,000 - $500,000 | $149,000 - $939,000 | -46% |
Local Market Factors
| Factor | Aurora | New York |
|---|---|---|
| Cost of Living Index | 96 | 187.2 |
| Commercial Rent ($/sqft/yr) | $14 - $28 | $40 - $120 |
| Labor Rate Index | 0.95 | 1.45 |
| Sales Tax | 8% | 8.875% |
| Minimum Wage | $14.00/hr | $16.00/hr |
| LLC Filing Fee | $150 | $200 |
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