Escape Room Startup Cost Comparison

Miami, FL vs Chicago, IL

Miami, FL

$64,000 - $418,000

COL Index: 128.3

VS

Chicago, IL

$64,000 - $418,000

COL Index: 107.8

Detailed Cost Comparison

Expense Miami, FL Chicago, IL Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Commercial Lease & Build-Out
$29,300 - $195,700 $29,300 - $195,700 Same
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)
$10,300 - $51,300 $8,600 - $43,100 +19%
Total Estimated Cost $64,000 - $418,000 $64,000 - $418,000 Same

Local Market Factors

Factor Miami Chicago
Cost of Living Index 128.3 107.8
Commercial Rent ($/sqft/yr) $25 - $65 $25 - $65
Labor Rate Index 1.08 1.15
Sales Tax 7% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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