Campground Startup Cost Comparison
Jersey City, NJ vs Miami, FL
Jersey City, NJ
$147,000 - $1,414,000
COL Index: 128.4
VS
Miami, FL
$138,000 - $1,431,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Jersey City, NJ | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$15,700 - $76,900 | $2,600 - $9,500 | +665% |
|
Land Purchase or Lease
|
$47,000 - $626,100 | $58,700 - $782,600 | -20% |
|
Site Development & Infrastructure
|
$37,500 - $375,000 | $32,400 - $324,000 | +16% |
|
Bathhouse & Facilities
|
$18,800 - $150,000 | $16,200 - $129,600 | +16% |
|
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)
|
$12,800 - $102,700 | $12,800 - $102,600 | Same |
| Total Estimated Cost | $147,000 - $1,414,000 | $138,000 - $1,431,000 | -1% |
Local Market Factors
| Factor | Jersey City | Miami |
|---|---|---|
| Cost of Living Index | 128.4 | 128.3 |
| Commercial Rent ($/sqft/yr) | $22 - $50 | $25 - $65 |
| Labor Rate Index | 1.25 | 1.08 |
| Sales Tax | 6.625% | 7% |
| Minimum Wage | $15.49/hr | $13.00/hr |
| LLC Filing Fee | $125 | $125 |
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