Arcade & Gaming Center Startup Cost Comparison
Greenville, NC vs Chicago, IL
Greenville, NC
$80,000 - $470,000
COL Index: 89.5
VS
Chicago, IL
$107,000 - $663,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Greenville, NC | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$14,800 - $110,900 | $39,100 - $293,500 | -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)
|
$13,400 - $53,700 | $16,200 - $64,700 | -17% |
| Total Estimated Cost | $80,000 - $470,000 | $107,000 - $663,000 | -29% |
Local Market Factors
| Factor | Greenville | Chicago |
|---|---|---|
| Cost of Living Index | 89.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $10 - $24 | $25 - $65 |
| Labor Rate Index | 0.82 | 1.15 |
| Sales Tax | 7% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $125 | $150 |
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