Escape Room Startup Cost Comparison

Colorado Springs, CO vs Chicago, IL

Colorado Springs, CO

$48,000 - $307,000

COL Index: 105.2

VS

Chicago, IL

$64,000 - $418,000

COL Index: 107.8

Detailed Cost Comparison

Expense Colorado Springs, CO Chicago, IL Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Commercial Lease & Build-Out
$16,000 - $106,500 $29,300 - $195,700 -46%
Room Design & Construction
$14,700 - $117,600 $17,300 - $138,000 -15%
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)
$8,400 - $42,100 $8,600 - $43,100 -2%
Total Estimated Cost $48,000 - $307,000 $64,000 - $418,000 -26%

Local Market Factors

Factor Colorado Springs Chicago
Cost of Living Index 105.2 107.8
Commercial Rent ($/sqft/yr) $14 - $35 $25 - $65
Labor Rate Index 0.98 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $14.42/hr $15.80/hr
LLC Filing Fee $50 $150

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