Campground Startup Cost Comparison
Meridian, ID vs Chicago, IL
Meridian, ID
$98,000 - $950,000
COL Index: 105.6
VS
Chicago, IL
$142,000 - $1,446,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Meridian, ID | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,300 - $5,500 | $5,600 - $10,900 | -59% |
|
Land Purchase or Lease
|
$27,400 - $365,200 | $58,700 - $782,600 | -53% |
|
Site Development & Infrastructure
|
$29,400 - $294,000 | $34,500 - $345,000 | -15% |
|
Bathhouse & Facilities
|
$14,700 - $117,600 | $17,300 - $138,000 | -15% |
|
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)
|
$10,600 - $84,500 | $10,800 - $86,200 | -2% |
| Total Estimated Cost | $98,000 - $950,000 | $142,000 - $1,446,000 | -34% |
Local Market Factors
| Factor | Meridian | Chicago |
|---|---|---|
| Cost of Living Index | 105.6 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $28 | $25 - $65 |
| Labor Rate Index | 0.98 | 1.15 |
| Sales Tax | 6% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $100 | $150 |
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