Arcade & Gaming Center Startup Cost Comparison
Yonkers, NY vs Chicago, IL
Yonkers, NY
$102,000 - $613,000
COL Index: 132.8
VS
Chicago, IL
$107,000 - $663,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Yonkers, NY | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$30,400 - $228,300 | $39,100 - $293,500 | -22% |
|
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)
|
$19,900 - $79,700 | $16,200 - $64,700 | +23% |
| Total Estimated Cost | $102,000 - $613,000 | $107,000 - $663,000 | -7% |
Local Market Factors
| Factor | Yonkers | Chicago |
|---|---|---|
| Cost of Living Index | 132.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $22 - $48 | $25 - $65 |
| Labor Rate Index | 1.28 | 1.15 |
| Sales Tax | 8.875% | 10.25% |
| Minimum Wage | $16.00/hr | $15.80/hr |
| LLC Filing Fee | $200 | $150 |
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