Campground Startup Cost Comparison

Greeley, CO vs Chicago, IL

Greeley, CO

$88,000 - $831,000

COL Index: 97.5

VS

Chicago, IL

$142,000 - $1,446,000

COL Index: 107.8

Detailed Cost Comparison

Expense Greeley, CO Chicago, IL Difference
Business Registration & Licenses
$1,000 - $5,000 $5,600 - $10,900 -64%
Land Purchase or Lease
$20,900 - $278,300 $58,700 - $782,600 -64%
Site Development & Infrastructure
$27,600 - $276,000 $34,500 - $345,000 -20%
Bathhouse & Facilities
$13,800 - $110,400 $17,300 - $138,000 -20%
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)
$9,800 - $78,000 $10,800 - $86,200 -9%
Total Estimated Cost $88,000 - $831,000 $142,000 - $1,446,000 -42%

Local Market Factors

Factor Greeley Chicago
Cost of Living Index 97.5 107.8
Commercial Rent ($/sqft/yr) $10 - $22 $25 - $65
Labor Rate Index 0.92 1.15
Sales Tax 9.29% 10.25%
Minimum Wage $14.42/hr $15.80/hr
LLC Filing Fee $50 $150

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