Campground Startup Cost Comparison
Raleigh, NC vs Chicago, IL
Raleigh, NC
$109,000 - $1,084,000
COL Index: 100.8
VS
Chicago, IL
$142,000 - $1,446,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Raleigh, NC | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,400 - $5,100 | $5,600 - $10,900 | -61% |
|
Land Purchase or Lease
|
$36,500 - $487,000 | $58,700 - $782,600 | -38% |
|
Site Development & Infrastructure
|
$30,600 - $306,000 | $34,500 - $345,000 | -11% |
|
Bathhouse & Facilities
|
$15,300 - $122,400 | $17,300 - $138,000 | -11% |
|
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)
|
$10,100 - $80,600 | $10,800 - $86,200 | -6% |
| Total Estimated Cost | $109,000 - $1,084,000 | $142,000 - $1,446,000 | -25% |
Local Market Factors
| Factor | Raleigh | Chicago |
|---|---|---|
| Cost of Living Index | 100.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $16 - $40 | $25 - $65 |
| Labor Rate Index | 1.02 | 1.15 |
| Sales Tax | 7.25% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $125 | $150 |
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