Campground Startup Cost Comparison
New York, NY vs Chicago, IL
New York, NY
$209,000 - $2,250,000
COL Index: 187.2
VS
Chicago, IL
$142,000 - $1,446,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | New York, NY | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$5,300 - $17,100 | $5,600 - $10,900 | +36% |
|
Land Purchase or Lease
|
$104,300 - $1,391,300 | $58,700 - $782,600 | +78% |
|
Site Development & Infrastructure
|
$43,500 - $435,000 | $34,500 - $345,000 | +26% |
|
Bathhouse & Facilities
|
$21,800 - $174,000 | $17,300 - $138,000 | +26% |
|
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)
|
$18,700 - $149,800 | $10,800 - $86,200 | +74% |
| Total Estimated Cost | $209,000 - $2,250,000 | $142,000 - $1,446,000 | +55% |
Local Market Factors
| Factor | New York | Chicago |
|---|---|---|
| Cost of Living Index | 187.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $40 - $120 | $25 - $65 |
| Labor Rate Index | 1.45 | 1.15 |
| Sales Tax | 8.875% | 10.25% |
| Minimum Wage | $16.00/hr | $15.80/hr |
| LLC Filing Fee | $200 | $150 |
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