Mini Golf Course Startup Cost Comparison
Honolulu, HI vs Chicago, IL
Honolulu, HI
$130,000 - $765,000
COL Index: 192.5
VS
Chicago, IL
$108,000 - $643,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Honolulu, HI | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Land or Facility
|
$45,700 - $342,400 | $39,100 - $293,500 | +17% |
|
Course Design & Construction
|
$52,000 - $260,000 | $46,000 - $230,000 | +13% |
|
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)
|
$19,300 - $96,300 | $10,800 - $53,900 | +79% |
| Total Estimated Cost | $130,000 - $765,000 | $108,000 - $643,000 | +19% |
Local Market Factors
| Factor | Honolulu | Chicago |
|---|---|---|
| Cost of Living Index | 192.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $30 - $75 | $25 - $65 |
| Labor Rate Index | 1.3 | 1.15 |
| Sales Tax | 4.5% | 10.25% |
| Minimum Wage | $14.00/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
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