Mini Golf Course Startup Cost Comparison

Hilo, HI vs Miami, FL

Hilo, HI

$101,000 - $570,000

COL Index: 170.5

VS

Miami, FL

$108,000 - $640,000

COL Index: 128.3

Detailed Cost Comparison

Expense Hilo, HI Miami, FL Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Land or Facility
$25,200 - $189,100 $39,100 - $293,500 -36%
Course Design & Construction
$46,000 - $230,000 $43,200 - $216,000 +6%
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)
$17,100 - $85,300 $12,800 - $64,200 +33%
Total Estimated Cost $101,000 - $570,000 $108,000 - $640,000 -10%

Local Market Factors

Factor Hilo Miami
Cost of Living Index 170.5 128.3
Commercial Rent ($/sqft/yr) $18 - $40 $25 - $65
Labor Rate Index 1.15 1.08
Sales Tax 4.5% 7%
Minimum Wage $14.00/hr $13.00/hr
LLC Filing Fee $50 $125

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