Escape Room Startup Cost Comparison
El Paso, TX vs New York, NY
El Paso, TX
$39,000 - $248,000
COL Index: 86.2
VS
New York, NY
$98,000 - $638,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | El Paso, TX | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$11,400 - $76,100 | $52,200 - $347,800 | -78% |
|
Room Design & Construction
|
$12,000 - $96,000 | $21,800 - $174,000 | -45% |
|
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)
|
$6,900 - $34,500 | $15,000 - $74,900 | -54% |
| Total Estimated Cost | $39,000 - $248,000 | $98,000 - $638,000 | -61% |
Local Market Factors
| Factor | El Paso | New York |
|---|---|---|
| Cost of Living Index | 86.2 | 187.2 |
| Commercial Rent ($/sqft/yr) | $10 - $25 | $40 - $120 |
| Labor Rate Index | 0.8 | 1.45 |
| Sales Tax | 8.25% | 8.875% |
| Minimum Wage | $7.25/hr | $16.00/hr |
| LLC Filing Fee | $300 | $200 |
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