Bowling Alley Startup Cost Comparison

New York, NY vs Chicago, IL

New York, NY

$721,000 - $4,907,000

COL Index: 187.2

VS

Chicago, IL

$512,000 - $3,392,000

COL Index: 107.8

Detailed Cost Comparison

Expense New York, NY Chicago, IL Difference
Business Registration & Licenses
$2,000 - $8,000 $2,000 - $8,000 Same
Facility Lease or Purchase
$347,800 - $2,782,600 $195,700 - $1,565,200 +78%
Bowling Lanes & Equipment
$200,000 - $1,200,000 $200,000 - $1,200,000 Same
Restaurant & Bar Build-Out
$43,500 - $290,000 $34,500 - $230,000 +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)
$112,300 - $561,600 $64,700 - $323,400 +74%
Total Estimated Cost $721,000 - $4,907,000 $512,000 - $3,392,000 +44%

Local Market Factors

Factor New York Chicago
Cost of Living Index 187.2 107.8
Commercial Rent ($/sqft/yr) $40 - $120 $25 - $65
Labor Rate Index 1.45 1.15
Sales Tax 8.875% 10.25%
Minimum Wage $16.00/hr $15.80/hr
LLC Filing Fee $200 $150

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