Campground Startup Cost Comparison

Albuquerque, NM vs Chicago, IL

Albuquerque, NM

$90,000 - $868,000

COL Index: 93.2

VS

Chicago, IL

$142,000 - $1,446,000

COL Index: 107.8

Detailed Cost Comparison

Expense Albuquerque, NM Chicago, IL Difference
Business Registration & Licenses
$1,300 - $5,900 $5,600 - $10,900 -56%
Land Purchase or Lease
$26,100 - $347,800 $58,700 - $782,600 -56%
Site Development & Infrastructure
$25,500 - $255,000 $34,500 - $345,000 -26%
Bathhouse & Facilities
$12,800 - $102,000 $17,300 - $138,000 -26%
Equipment & Amenities
$8,000 - $50,000 $8,000 - $50,000 Same
Business Insurance (Annual)
$4,000 - $18,000 $4,000 - $18,000 Same
Marketing & Reservation System
$3,000 - $15,000 $3,000 - $15,000 Same
Working Capital (6 Months)
$9,300 - $74,600 $10,800 - $86,200 -14%
Total Estimated Cost $90,000 - $868,000 $142,000 - $1,446,000 -40%

Local Market Factors

Factor Albuquerque Chicago
Cost of Living Index 93.2 107.8
Commercial Rent ($/sqft/yr) $12 - $28 $25 - $65
Labor Rate Index 0.85 1.15
Sales Tax 7.875% 10.25%
Minimum Wage $14.00/hr $15.80/hr
LLC Filing Fee $50 $150

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