Escape Room Startup Cost Comparison

Yonkers, NY vs Chicago, IL

Yonkers, NY

$61,000 - $400,000

COL Index: 132.8

VS

Chicago, IL

$64,000 - $418,000

COL Index: 107.8

Detailed Cost Comparison

Expense Yonkers, NY Chicago, IL Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Commercial Lease & Build-Out
$22,800 - $152,200 $29,300 - $195,700 -22%
Room Design & Construction
$19,200 - $153,600 $17,300 - $138,000 +11%
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)
$10,600 - $53,100 $8,600 - $43,100 +23%
Total Estimated Cost $61,000 - $400,000 $64,000 - $418,000 -4%

Local Market Factors

Factor Yonkers Chicago
Cost of Living Index 132.8 107.8
Commercial Rent ($/sqft/yr) $22 - $48 $25 - $65
Labor Rate Index 1.28 1.15
Sales Tax 8.875% 10.25%
Minimum Wage $16.00/hr $15.80/hr
LLC Filing Fee $200 $150

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