Escape Room Startup Cost Comparison

Lakewood, CO vs Chicago, IL

Lakewood, CO

$51,000 - $333,000

COL Index: 112.5

VS

Chicago, IL

$64,000 - $418,000

COL Index: 107.8

Detailed Cost Comparison

Expense Lakewood, CO Chicago, IL Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Commercial Lease & Build-Out
$17,600 - $117,400 $29,300 - $195,700 -40%
Room Design & Construction
$16,200 - $129,600 $17,300 - $138,000 -6%
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)
$9,000 - $45,000 $8,600 - $43,100 +4%
Total Estimated Cost $51,000 - $333,000 $64,000 - $418,000 -20%

Local Market Factors

Factor Lakewood Chicago
Cost of Living Index 112.5 107.8
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 1.08 1.15
Sales Tax 7.5% 10.25%
Minimum Wage $14.42/hr $15.80/hr
LLC Filing Fee $50 $150

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