Escape Room Startup Cost Comparison
Meridian, ID vs Miami, FL
Meridian, ID
$45,000 - $292,000
COL Index: 105.6
VS
Miami, FL
$64,000 - $418,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Meridian, ID | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$13,700 - $91,300 | $29,300 - $195,700 | -53% |
|
Room Design & Construction
|
$14,700 - $117,600 | $16,200 - $129,600 | -9% |
|
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 - $42,200 | $10,300 - $51,300 | -18% |
| Total Estimated Cost | $45,000 - $292,000 | $64,000 - $418,000 | -30% |
Local Market Factors
| Factor | Meridian | Miami |
|---|---|---|
| Cost of Living Index | 105.6 | 128.3 |
| Commercial Rent ($/sqft/yr) | $14 - $28 | $25 - $65 |
| Labor Rate Index | 0.98 | 1.08 |
| Sales Tax | 6% | 7% |
| Minimum Wage | $7.25/hr | $13.00/hr |
| LLC Filing Fee | $100 | $125 |
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