Escape Room Startup Cost Comparison

Miami, FL vs New York, NY

Miami, FL

$64,000 - $418,000

COL Index: 128.3

VS

New York, NY

$98,000 - $638,000

COL Index: 187.2

Detailed Cost Comparison

Expense Miami, FL New York, NY Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Commercial Lease & Build-Out
$29,300 - $195,700 $52,200 - $347,800 -44%
Room Design & Construction
$16,200 - $129,600 $21,800 - $174,000 -26%
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 $15,000 - $74,900 -31%
Total Estimated Cost $64,000 - $418,000 $98,000 - $638,000 -35%

Local Market Factors

Factor Miami New York
Cost of Living Index 128.3 187.2
Commercial Rent ($/sqft/yr) $25 - $65 $40 - $120
Labor Rate Index 1.08 1.45
Sales Tax 7% 8.875%
Minimum Wage $13.00/hr $16.00/hr
LLC Filing Fee $125 $200

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