Arcade & Gaming Center Startup Cost Comparison
Carmel, IN vs New York, NY
Carmel, IN
$94,000 - $565,000
COL Index: 106.5
VS
New York, NY
$149,000 - $939,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Carmel, IN | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$26,100 - $195,700 | $69,600 - $521,700 | -62% |
|
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)
|
$16,000 - $63,900 | $28,100 - $112,300 | -43% |
| Total Estimated Cost | $94,000 - $565,000 | $149,000 - $939,000 | -39% |
Local Market Factors
| Factor | Carmel | New York |
|---|---|---|
| Cost of Living Index | 106.5 | 187.2 |
| Commercial Rent ($/sqft/yr) | $18 - $42 | $40 - $120 |
| Labor Rate Index | 1.02 | 1.45 |
| Sales Tax | 7% | 8.875% |
| Minimum Wage | $7.25/hr | $16.00/hr |
| LLC Filing Fee | $95 | $200 |
View Full Details
Ready to Start Your Arcade & Gaming Center?
Start your Arcade & Gaming Center LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot