Axe Throwing Venue Startup Cost Comparison
Albany, NY vs Chicago, IL
Albany, NY
$36,000 - $184,000
COL Index: 93.6
VS
Chicago, IL
$52,000 - $298,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Albany, NY | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$7,000 - $55,700 | $19,600 - $156,500 | -64% |
|
Throwing Lanes & Targets
|
$9,400 - $37,600 | $11,500 - $46,000 | -18% |
|
Bar & Lounge Area
|
$5,000 - $30,000 | $5,000 - $30,000 | Same |
|
Business Insurance (Annual)
|
$5,000 - $20,000 | $5,000 - $20,000 | Same |
|
Marketing & Launch
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$7,500 - $28,100 | $8,600 - $32,300 | -13% |
| Total Estimated Cost | $36,000 - $184,000 | $52,000 - $298,000 | -37% |
Local Market Factors
| Factor | Albany | Chicago |
|---|---|---|
| Cost of Living Index | 93.6 | 107.8 |
| Commercial Rent ($/sqft/yr) | $10 - $22 | $25 - $65 |
| Labor Rate Index | 0.94 | 1.15 |
| Sales Tax | 8% | 10.25% |
| Minimum Wage | $15.00/hr | $15.80/hr |
| LLC Filing Fee | $200 | $150 |
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