Bowling Alley Startup Cost Comparison
Bloomington, IN vs Chicago, IL
Bloomington, IN
$386,000 - $2,423,000
COL Index: 93.5
VS
Chicago, IL
$512,000 - $3,392,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Bloomington, IN | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Facility Lease or Purchase
|
$87,000 - $695,700 | $195,700 - $1,565,200 | -56% |
|
Bowling Lanes & Equipment
|
$200,000 - $1,200,000 | $200,000 - $1,200,000 | Same |
|
Restaurant & Bar Build-Out
|
$26,100 - $174,000 | $34,500 - $230,000 | -24% |
|
Business Insurance (Annual)
|
$10,000 - $40,000 | $10,000 - $40,000 | Same |
|
Marketing & League Development
|
$5,000 - $25,000 | $5,000 - $25,000 | Same |
|
Working Capital (6 Months)
|
$56,100 - $280,500 | $64,700 - $323,400 | -13% |
| Total Estimated Cost | $386,000 - $2,423,000 | $512,000 - $3,392,000 | -28% |
Local Market Factors
| Factor | Bloomington | Chicago |
|---|---|---|
| Cost of Living Index | 93.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $12 - $28 | $25 - $65 |
| Labor Rate Index | 0.87 | 1.15 |
| Sales Tax | 7% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $95 | $150 |
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