Arcade & Gaming Center Startup Cost Comparison
Norfolk, VA vs Houston, TX
Norfolk, VA
$83,000 - $488,000
COL Index: 97.6
VS
Houston, TX
$93,000 - $568,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Norfolk, VA | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$16,500 - $123,900 | $27,400 - $205,400 | -40% |
|
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)
|
$14,600 - $58,600 | $14,500 - $57,900 | +1% |
| Total Estimated Cost | $83,000 - $488,000 | $93,000 - $568,000 | -14% |
Local Market Factors
| Factor | Norfolk | Houston |
|---|---|---|
| Cost of Living Index | 97.6 | 96.5 |
| Commercial Rent ($/sqft/yr) | $12 - $26 | $18 - $45 |
| Labor Rate Index | 0.96 | 0.92 |
| Sales Tax | 6% | 8.25% |
| Minimum Wage | $12.41/hr | $7.25/hr |
| LLC Filing Fee | $100 | $300 |
View Full Details
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