Campground Startup Cost Comparison

Lakewood, CO vs Chicago, IL

Lakewood, CO

$112,000 - $1,102,000

COL Index: 112.5

VS

Chicago, IL

$142,000 - $1,446,000

COL Index: 107.8

Detailed Cost Comparison

Expense Lakewood, CO Chicago, IL Difference
Business Registration & Licenses
$1,400 - $6,100 $5,600 - $10,900 -55%
Land Purchase or Lease
$35,200 - $469,600 $58,700 - $782,600 -40%
Site Development & Infrastructure
$32,400 - $324,000 $34,500 - $345,000 -6%
Bathhouse & Facilities
$16,200 - $129,600 $17,300 - $138,000 -6%
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)
$11,300 - $90,000 $10,800 - $86,200 +4%
Total Estimated Cost $112,000 - $1,102,000 $142,000 - $1,446,000 -24%

Local Market Factors

Factor Lakewood Chicago
Cost of Living Index 112.5 107.8
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 1.08 1.15
Sales Tax 7.5% 10.25%
Minimum Wage $14.42/hr $15.80/hr
LLC Filing Fee $50 $150

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