Bowling Alley Startup Cost Comparison
Miami, FL vs New York, NY
Miami, FL
$522,000 - $3,439,000
COL Index: 128.3
VS
New York, NY
$721,000 - $4,907,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Miami, FL | 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
|
$32,400 - $216,000 | $43,500 - $290,000 | -26% |
|
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)
|
$77,000 - $384,900 | $112,300 - $561,600 | -31% |
| Total Estimated Cost | $522,000 - $3,439,000 | $721,000 - $4,907,000 | -30% |
Local Market Factors
| Factor | Miami | New York |
|---|---|---|
| Cost of Living Index | 128.3 | 187.2 |
| Commercial Rent ($/sqft/yr) | $25 - $65 | $40 - $120 |
| Labor Rate Index | 1.08 | 1.45 |
| Sales Tax | 7% | 8.875% |
| Minimum Wage | $13.00/hr | $16.00/hr |
| LLC Filing Fee | $125 | $200 |
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