Campground Startup Cost Comparison

Winston-Salem, NC vs Chicago, IL

Winston-Salem, NC

$84,000 - $789,000

COL Index: 88.6

VS

Chicago, IL

$142,000 - $1,446,000

COL Index: 107.8

Detailed Cost Comparison

Expense Winston-Salem, NC Chicago, IL Difference
Business Registration & Licenses
$1,100 - $5,000 $5,600 - $10,900 -63%
Land Purchase or Lease
$19,600 - $260,900 $58,700 - $782,600 -67%
Site Development & Infrastructure
$26,400 - $264,000 $34,500 - $345,000 -23%
Bathhouse & Facilities
$13,200 - $105,600 $17,300 - $138,000 -24%
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)
$8,900 - $70,900 $10,800 - $86,200 -18%
Total Estimated Cost $84,000 - $789,000 $142,000 - $1,446,000 -45%

Local Market Factors

Factor Winston-Salem Chicago
Cost of Living Index 88.6 107.8
Commercial Rent ($/sqft/yr) $10 - $20 $25 - $65
Labor Rate Index 0.88 1.15
Sales Tax 6.75% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $125 $150

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