Bowling Alley Startup Cost Comparison
Chicago, IL vs New York, NY
Chicago, IL
$512,000 - $3,392,000
COL Index: 107.8
VS
New York, NY
$721,000 - $4,907,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Chicago, IL | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Facility Lease or Purchase
|
$195,700 - $1,565,200 | $347,800 - $2,782,600 | -44% |
|
Bowling Lanes & Equipment
|
$200,000 - $1,200,000 | $200,000 - $1,200,000 | Same |
|
Restaurant & Bar Build-Out
|
$34,500 - $230,000 | $43,500 - $290,000 | -21% |
|
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)
|
$64,700 - $323,400 | $112,300 - $561,600 | -42% |
| Total Estimated Cost | $512,000 - $3,392,000 | $721,000 - $4,907,000 | -31% |
Local Market Factors
| Factor | Chicago | New York |
|---|---|---|
| Cost of Living Index | 107.8 | 187.2 |
| Commercial Rent ($/sqft/yr) | $25 - $65 | $40 - $120 |
| Labor Rate Index | 1.15 | 1.45 |
| Sales Tax | 10.25% | 8.875% |
| Minimum Wage | $15.80/hr | $16.00/hr |
| LLC Filing Fee | $150 | $200 |
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