Campground Startup Cost Comparison
Lakewood, CO vs Miami, FL
Lakewood, CO
$112,000 - $1,102,000
COL Index: 112.5
VS
Miami, FL
$138,000 - $1,431,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Lakewood, CO | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,400 - $6,100 | $2,600 - $9,500 | -38% |
|
Land Purchase or Lease
|
$35,200 - $469,600 | $58,700 - $782,600 | -40% |
|
Site Development & Infrastructure
|
$32,400 - $324,000 | $32,400 - $324,000 | Same |
|
Bathhouse & Facilities
|
$16,200 - $129,600 | $16,200 - $129,600 | Same |
|
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 | $12,800 - $102,600 | -12% |
| Total Estimated Cost | $112,000 - $1,102,000 | $138,000 - $1,431,000 | -23% |
Local Market Factors
| Factor | Lakewood | Miami |
|---|---|---|
| Cost of Living Index | 112.5 | 128.3 |
| Commercial Rent ($/sqft/yr) | $16 - $38 | $25 - $65 |
| Labor Rate Index | 1.08 | 1.08 |
| Sales Tax | 7.5% | 7% |
| Minimum Wage | $14.42/hr | $13.00/hr |
| LLC Filing Fee | $50 | $125 |
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