Campground Startup Cost Comparison
New Haven, CT vs Chicago, IL
New Haven, CT
$111,000 - $1,086,000
COL Index: 113.8
VS
Chicago, IL
$142,000 - $1,446,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | New Haven, CT | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,000 - $6,500 | $5,600 - $10,900 | -48% |
|
Land Purchase or Lease
|
$33,300 - $443,500 | $58,700 - $782,600 | -43% |
|
Site Development & Infrastructure
|
$33,000 - $330,000 | $34,500 - $345,000 | -4% |
|
Bathhouse & Facilities
|
$16,500 - $132,000 | $17,300 - $138,000 | -4% |
|
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)
|
$11,400 - $91,000 | $10,800 - $86,200 | +6% |
| Total Estimated Cost | $111,000 - $1,086,000 | $142,000 - $1,446,000 | -25% |
Local Market Factors
| Factor | New Haven | Chicago |
|---|---|---|
| Cost of Living Index | 113.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $16 - $35 | $25 - $65 |
| Labor Rate Index | 1.1 | 1.15 |
| Sales Tax | 6.35% | 10.25% |
| Minimum Wage | $16.35/hr | $15.80/hr |
| LLC Filing Fee | $120 | $150 |
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