Campground Startup Cost Comparison
Chesapeake, VA vs New York, NY
Chesapeake, VA
$101,000 - $986,000
COL Index: 101.5
VS
New York, NY
$209,000 - $2,250,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Chesapeake, VA | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,400 - $5,100 | $5,300 - $17,100 | -71% |
|
Land Purchase or Lease
|
$31,300 - $417,400 | $104,300 - $1,391,300 | -70% |
|
Site Development & Infrastructure
|
$28,500 - $285,000 | $43,500 - $435,000 | -34% |
|
Bathhouse & Facilities
|
$14,300 - $114,000 | $21,800 - $174,000 | -34% |
|
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)
|
$10,200 - $81,200 | $18,700 - $149,800 | -46% |
| Total Estimated Cost | $101,000 - $986,000 | $209,000 - $2,250,000 | -56% |
Local Market Factors
| Factor | Chesapeake | New York |
|---|---|---|
| Cost of Living Index | 101.5 | 187.2 |
| Commercial Rent ($/sqft/yr) | $14 - $34 | $40 - $120 |
| Labor Rate Index | 0.95 | 1.45 |
| Sales Tax | 6% | 8.875% |
| Minimum Wage | $12.41/hr | $16.00/hr |
| LLC Filing Fee | $100 | $200 |
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