Escape Room Startup Cost Comparison
New York, NY vs Los Angeles, CA
New York, NY
$98,000 - $638,000
COL Index: 187.2
VS
Los Angeles, CA
$80,000 - $520,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | New York, NY | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Commercial Lease & Build-Out
|
$52,200 - $347,800 | $37,500 - $250,000 | +39% |
|
Room Design & Construction
|
$21,800 - $174,000 | $20,300 - $162,000 | +7% |
|
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)
|
$15,000 - $74,900 | $13,300 - $66,600 | +13% |
| Total Estimated Cost | $98,000 - $638,000 | $80,000 - $520,000 | +23% |
Local Market Factors
| Factor | New York | Los Angeles |
|---|---|---|
| Cost of Living Index | 187.2 | 166.5 |
| Commercial Rent ($/sqft/yr) | $40 - $120 | $30 - $85 |
| Labor Rate Index | 1.45 | 1.35 |
| Sales Tax | 8.875% | 9.5% |
| Minimum Wage | $16.00/hr | $16.78/hr |
| LLC Filing Fee | $200 | $70 |
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