Campground Startup Cost Comparison

Hilo, HI vs New York, NY

Hilo, HI

$124,000 - $1,215,000

COL Index: 170.5

VS

New York, NY

$209,000 - $2,250,000

COL Index: 187.2

Detailed Cost Comparison

Expense Hilo, HI New York, NY Difference
Business Registration & Licenses
$2,000 - $8,500 $5,300 - $17,100 -53%
Land Purchase or Lease
$37,800 - $504,300 $104,300 - $1,391,300 -64%
Site Development & Infrastructure
$34,500 - $345,000 $43,500 - $435,000 -21%
Bathhouse & Facilities
$17,300 - $138,000 $21,800 - $174,000 -21%
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 $18,700 - $149,800 -9%
Total Estimated Cost $124,000 - $1,215,000 $209,000 - $2,250,000 -46%

Local Market Factors

Factor Hilo New York
Cost of Living Index 170.5 187.2
Commercial Rent ($/sqft/yr) $18 - $40 $40 - $120
Labor Rate Index 1.15 1.45
Sales Tax 4.5% 8.875%
Minimum Wage $14.00/hr $16.00/hr
LLC Filing Fee $50 $200

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