Campground Startup Cost Comparison
Corvallis, OR vs Chicago, IL
Corvallis, OR
$103,000 - $991,000
COL Index: 112.4
VS
Chicago, IL
$142,000 - $1,446,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Corvallis, OR | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,900 - $7,200 | $5,600 - $10,900 | -45% |
|
Land Purchase or Lease
|
$28,700 - $382,600 | $58,700 - $782,600 | -51% |
|
Site Development & Infrastructure
|
$30,600 - $306,000 | $34,500 - $345,000 | -11% |
|
Bathhouse & Facilities
|
$15,300 - $122,400 | $17,300 - $138,000 | -11% |
|
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)
|
$11,200 - $89,900 | $10,800 - $86,200 | +4% |
| Total Estimated Cost | $103,000 - $991,000 | $142,000 - $1,446,000 | -31% |
Local Market Factors
| Factor | Corvallis | Chicago |
|---|---|---|
| Cost of Living Index | 112.4 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $30 | $25 - $65 |
| Labor Rate Index | 1.02 | 1.15 |
| Sales Tax | 0% | 10.25% |
| Minimum Wage | $14.70/hr | $15.80/hr |
| LLC Filing Fee | $100 | $150 |
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