Mini Golf Course Startup Cost Comparison
Little Rock, AR vs New York, NY
Little Rock, AR
$71,000 - $397,000
COL Index: 87.8
VS
New York, NY
$159,000 - $971,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Little Rock, AR | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Land or Facility
|
$15,700 - $117,400 | $69,600 - $521,700 | -77% |
|
Course Design & Construction
|
$34,000 - $170,000 | $58,000 - $290,000 | -41% |
|
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)
|
$8,800 - $43,900 | $18,700 - $93,600 | -53% |
| Total Estimated Cost | $71,000 - $397,000 | $159,000 - $971,000 | -59% |
Local Market Factors
| Factor | Little Rock | New York |
|---|---|---|
| Cost of Living Index | 87.8 | 187.2 |
| Commercial Rent ($/sqft/yr) | $12 - $24 | $40 - $120 |
| Labor Rate Index | 0.85 | 1.45 |
| Sales Tax | 9.625% | 8.875% |
| Minimum Wage | $11.00/hr | $16.00/hr |
| LLC Filing Fee | $45 | $200 |
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