Campground Startup Cost Comparison

Jersey City, NJ vs New York, NY

Jersey City, NJ

$147,000 - $1,414,000

COL Index: 128.4

VS

New York, NY

$209,000 - $2,250,000

COL Index: 187.2

Detailed Cost Comparison

Expense Jersey City, NJ New York, NY Difference
Business Registration & Licenses
$15,700 - $76,900 $5,300 - $17,100 +313%
Land Purchase or Lease
$47,000 - $626,100 $104,300 - $1,391,300 -55%
Site Development & Infrastructure
$37,500 - $375,000 $43,500 - $435,000 -14%
Bathhouse & Facilities
$18,800 - $150,000 $21,800 - $174,000 -14%
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 $18,700 - $149,800 -31%
Total Estimated Cost $147,000 - $1,414,000 $209,000 - $2,250,000 -37%

Local Market Factors

Factor Jersey City New York
Cost of Living Index 128.4 187.2
Commercial Rent ($/sqft/yr) $22 - $50 $40 - $120
Labor Rate Index 1.25 1.45
Sales Tax 6.625% 8.875%
Minimum Wage $15.49/hr $16.00/hr
LLC Filing Fee $125 $200

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