Mini Golf Course Startup Cost Comparison
New York, NY vs Miami, FL
New York, NY
$159,000 - $971,000
COL Index: 187.2
VS
Miami, FL
$108,000 - $640,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | New York, NY | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Land or Facility
|
$69,600 - $521,700 | $39,100 - $293,500 | +78% |
|
Course Design & Construction
|
$58,000 - $290,000 | $43,200 - $216,000 | +34% |
|
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)
|
$18,700 - $93,600 | $12,800 - $64,200 | +46% |
| Total Estimated Cost | $159,000 - $971,000 | $108,000 - $640,000 | +51% |
Local Market Factors
| Factor | New York | Miami |
|---|---|---|
| Cost of Living Index | 187.2 | 128.3 |
| Commercial Rent ($/sqft/yr) | $40 - $120 | $25 - $65 |
| Labor Rate Index | 1.45 | 1.08 |
| Sales Tax | 8.875% | 7% |
| Minimum Wage | $16.00/hr | $13.00/hr |
| LLC Filing Fee | $200 | $125 |
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