Campground Startup Cost Comparison
Sterling Heights, MI vs Miami, FL
Sterling Heights, MI
$91,000 - $880,000
COL Index: 93.2
VS
Miami, FL
$138,000 - $1,431,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Sterling Heights, MI | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,000 - $5,000 | $2,600 - $9,500 | -50% |
|
Land Purchase or Lease
|
$26,100 - $347,800 | $58,700 - $782,600 | -56% |
|
Site Development & Infrastructure
|
$26,400 - $264,000 | $32,400 - $324,000 | -19% |
|
Bathhouse & Facilities
|
$13,200 - $105,600 | $16,200 - $129,600 | -19% |
|
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)
|
$9,300 - $74,600 | $12,800 - $102,600 | -27% |
| Total Estimated Cost | $91,000 - $880,000 | $138,000 - $1,431,000 | -38% |
Local Market Factors
| Factor | Sterling Heights | Miami |
|---|---|---|
| Cost of Living Index | 93.2 | 128.3 |
| Commercial Rent ($/sqft/yr) | $12 - $28 | $25 - $65 |
| Labor Rate Index | 0.88 | 1.08 |
| Sales Tax | 6% | 7% |
| Minimum Wage | $10.33/hr | $13.00/hr |
| LLC Filing Fee | $50 | $125 |
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