Campground Startup Cost Comparison
Hilo, HI vs Miami, FL
Hilo, HI
$124,000 - $1,215,000
COL Index: 170.5
VS
Miami, FL
$138,000 - $1,431,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Hilo, HI | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,000 - $8,500 | $2,600 - $9,500 | -13% |
|
Land Purchase or Lease
|
$37,800 - $504,300 | $58,700 - $782,600 | -36% |
|
Site Development & Infrastructure
|
$34,500 - $345,000 | $32,400 - $324,000 | +6% |
|
Bathhouse & Facilities
|
$17,300 - $138,000 | $16,200 - $129,600 | +7% |
|
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)
|
$17,100 - $136,400 | $12,800 - $102,600 | +33% |
| Total Estimated Cost | $124,000 - $1,215,000 | $138,000 - $1,431,000 | -15% |
Local Market Factors
| Factor | Hilo | Miami |
|---|---|---|
| Cost of Living Index | 170.5 | 128.3 |
| Commercial Rent ($/sqft/yr) | $18 - $40 | $25 - $65 |
| Labor Rate Index | 1.15 | 1.08 |
| Sales Tax | 4.5% | 7% |
| Minimum Wage | $14.00/hr | $13.00/hr |
| LLC Filing Fee | $50 | $125 |
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