Campground Startup Cost Comparison

Santa Fe, NM vs Miami, FL

Santa Fe, NM

$109,000 - $1,078,000

COL Index: 112.5

VS

Miami, FL

$138,000 - $1,431,000

COL Index: 128.3

Detailed Cost Comparison

Expense Santa Fe, NM Miami, FL Difference
Business Registration & Licenses
$1,600 - $6,600 $2,600 - $9,500 -32%
Land Purchase or Lease
$35,200 - $469,600 $58,700 - $782,600 -40%
Site Development & Infrastructure
$30,600 - $306,000 $32,400 - $324,000 -6%
Bathhouse & Facilities
$15,300 - $122,400 $16,200 - $129,600 -6%
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 $109,000 - $1,078,000 $138,000 - $1,431,000 -24%

Local Market Factors

Factor Santa Fe Miami
Cost of Living Index 112.5 128.3
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 1.02 1.08
Sales Tax 8.4375% 7%
Minimum Wage $14.60/hr $13.00/hr
LLC Filing Fee $50 $125

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