Mini Golf Course Startup Cost Comparison
Colorado Springs, CO vs Chicago, IL
Colorado Springs, CO
$84,000 - $474,000
COL Index: 105.2
VS
Chicago, IL
$108,000 - $643,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Colorado Springs, CO | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Land or Facility
|
$21,300 - $159,800 | $39,100 - $293,500 | -46% |
|
Course Design & Construction
|
$39,200 - $196,000 | $46,000 - $230,000 | -15% |
|
Equipment & Supplies
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Business Insurance (Annual)
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Concessions & Add-Ons
|
$5,000 - $30,000 | $5,000 - $30,000 | Same |
|
Marketing & Grand Opening
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$10,500 - $52,600 | $10,800 - $53,900 | -2% |
| Total Estimated Cost | $84,000 - $474,000 | $108,000 - $643,000 | -26% |
Local Market Factors
| Factor | Colorado Springs | Chicago |
|---|---|---|
| Cost of Living Index | 105.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $35 | $25 - $65 |
| Labor Rate Index | 0.98 | 1.15 |
| Sales Tax | 8.25% | 10.25% |
| Minimum Wage | $14.42/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
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