Bowling Alley Startup Cost Comparison
Providence, RI vs New York, NY
Providence, RI
$412,000 - $2,602,000
COL Index: 106.3
VS
New York, NY
$721,000 - $4,907,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Providence, RI | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Facility Lease or Purchase
|
$100,000 - $800,000 | $347,800 - $2,782,600 | -71% |
|
Bowling Lanes & Equipment
|
$200,000 - $1,200,000 | $200,000 - $1,200,000 | Same |
|
Restaurant & Bar Build-Out
|
$31,500 - $210,000 | $43,500 - $290,000 | -28% |
|
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)
|
$63,800 - $318,900 | $112,300 - $561,600 | -43% |
| Total Estimated Cost | $412,000 - $2,602,000 | $721,000 - $4,907,000 | -46% |
Local Market Factors
| Factor | Providence | New York |
|---|---|---|
| Cost of Living Index | 106.3 | 187.2 |
| Commercial Rent ($/sqft/yr) | $14 - $32 | $40 - $120 |
| Labor Rate Index | 1.05 | 1.45 |
| Sales Tax | 7% | 8.875% |
| Minimum Wage | $15.00/hr | $16.00/hr |
| LLC Filing Fee | $150 | $200 |
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