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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