Escape Room Startup Cost Comparison

Charleston, SC vs New York, NY

Charleston, SC

$52,000 - $339,000

COL Index: 110.8

VS

New York, NY

$98,000 - $638,000

COL Index: 187.2

Detailed Cost Comparison

Expense Charleston, SC New York, NY Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Commercial Lease & Build-Out
$18,900 - $126,100 $52,200 - $347,800 -64%
Room Design & Construction
$15,900 - $127,200 $21,800 - $174,000 -27%
Technology & Booking System
$3,000 - $15,000 $3,000 - $15,000 Same
Business Insurance (Annual)
$2,000 - $8,000 $2,000 - $8,000 Same
Marketing & Launch
$3,000 - $15,000 $3,000 - $15,000 Same
Working Capital (3 Months)
$8,900 - $44,300 $15,000 - $74,900 -41%
Total Estimated Cost $52,000 - $339,000 $98,000 - $638,000 -47%

Local Market Factors

Factor Charleston New York
Cost of Living Index 110.8 187.2
Commercial Rent ($/sqft/yr) $18 - $40 $40 - $120
Labor Rate Index 1.06 1.45
Sales Tax 9% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $110 $200

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