Axe Throwing Venue Startup Cost Comparison
Syracuse, NY vs Chicago, IL
Syracuse, NY
$34,000 - $169,000
COL Index: 86.2
VS
Chicago, IL
$52,000 - $298,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Syracuse, NY | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$5,700 - $45,200 | $19,600 - $156,500 | -71% |
|
Throwing Lanes & Targets
|
$8,800 - $35,200 | $11,500 - $46,000 | -23% |
|
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)
|
$6,900 - $25,900 | $8,600 - $32,300 | -20% |
| Total Estimated Cost | $34,000 - $169,000 | $52,000 - $298,000 | -42% |
Local Market Factors
| Factor | Syracuse | Chicago |
|---|---|---|
| Cost of Living Index | 86.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $8 - $18 | $25 - $65 |
| Labor Rate Index | 0.88 | 1.15 |
| Sales Tax | 8% | 10.25% |
| Minimum Wage | $15.00/hr | $15.80/hr |
| LLC Filing Fee | $200 | $150 |
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