Axe Throwing Venue Startup Cost Comparison
Providence, RI vs New York, NY
Providence, RI
$42,000 - $217,000
COL Index: 106.3
VS
New York, NY
$77,000 - $456,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Providence, RI | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$10,000 - $80,000 | $34,800 - $278,300 | -71% |
|
Throwing Lanes & Targets
|
$10,500 - $42,000 | $14,500 - $58,000 | -28% |
|
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)
|
$8,500 - $31,900 | $15,000 - $56,200 | -43% |
| Total Estimated Cost | $42,000 - $217,000 | $77,000 - $456,000 | -51% |
Local Market Factors
| Factor | Providence | New York |
|---|---|---|
| Cost of Living Index | 106.3 | 187.2 |
| Commercial Rent ($/sqft/yr) | $14 - $32 | $40 - $120 |
| Labor Rate Index | 1.05 | 1.45 |
| Sales Tax | 7% | 8.875% |
| Minimum Wage | $15.00/hr | $16.00/hr |
| LLC Filing Fee | $150 | $200 |
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