Arcade & Gaming Center Startup Cost Comparison

West Palm Beach, FL vs Miami, FL

West Palm Beach, FL

$95,000 - $573,000

COL Index: 110.2

VS

Miami, FL

$110,000 - $676,000

COL Index: 128.3

Detailed Cost Comparison

Expense West Palm Beach, FL Miami, FL Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Commercial Lease & Build-Out
$27,000 - $202,200 $39,100 - $293,500 -31%
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)
$16,500 - $66,100 $19,200 - $77,000 -14%
Total Estimated Cost $95,000 - $573,000 $110,000 - $676,000 -15%

Local Market Factors

Factor West Palm Beach Miami
Cost of Living Index 110.2 128.3
Commercial Rent ($/sqft/yr) $20 - $42 $25 - $65
Labor Rate Index 1.05 1.08
Sales Tax 7% 7%
Minimum Wage $13.00/hr $13.00/hr
LLC Filing Fee $125 $125

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