Campground Startup Cost Comparison
West Palm Beach, FL vs New York, NY
West Palm Beach, FL
$116,000 - $1,160,000
COL Index: 110.2
VS
New York, NY
$209,000 - $2,250,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | West Palm Beach, FL | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,400 - $8,300 | $5,300 - $17,100 | -52% |
|
Land Purchase or Lease
|
$40,400 - $539,100 | $104,300 - $1,391,300 | -61% |
|
Site Development & Infrastructure
|
$31,500 - $315,000 | $43,500 - $435,000 | -28% |
|
Bathhouse & Facilities
|
$15,800 - $126,000 | $21,800 - $174,000 | -28% |
|
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)
|
$11,000 - $88,200 | $18,700 - $149,800 | -41% |
| Total Estimated Cost | $116,000 - $1,160,000 | $209,000 - $2,250,000 | -48% |
Local Market Factors
| Factor | West Palm Beach | New York |
|---|---|---|
| Cost of Living Index | 110.2 | 187.2 |
| Commercial Rent ($/sqft/yr) | $20 - $42 | $40 - $120 |
| Labor Rate Index | 1.05 | 1.45 |
| Sales Tax | 7% | 8.875% |
| Minimum Wage | $13.00/hr | $16.00/hr |
| LLC Filing Fee | $125 | $200 |
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