Campground Startup Cost Comparison
Honolulu, HI vs Chicago, IL
Honolulu, HI
$164,000 - $1,706,000
COL Index: 192.5
VS
Chicago, IL
$142,000 - $1,446,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Honolulu, HI | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,600 - $9,700 | $5,600 - $10,900 | -25% |
|
Land Purchase or Lease
|
$68,500 - $913,000 | $58,700 - $782,600 | +17% |
|
Site Development & Infrastructure
|
$39,000 - $390,000 | $34,500 - $345,000 | +13% |
|
Bathhouse & Facilities
|
$19,500 - $156,000 | $17,300 - $138,000 | +13% |
|
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)
|
$19,300 - $154,000 | $10,800 - $86,200 | +79% |
| Total Estimated Cost | $164,000 - $1,706,000 | $142,000 - $1,446,000 | +18% |
Local Market Factors
| Factor | Honolulu | Chicago |
|---|---|---|
| Cost of Living Index | 192.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $30 - $75 | $25 - $65 |
| Labor Rate Index | 1.3 | 1.15 |
| Sales Tax | 4.5% | 10.25% |
| Minimum Wage | $14.00/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
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