Mini Golf Course Startup Cost Comparison
Providence, RI vs Miami, FL
Providence, RI
$85,000 - $479,000
COL Index: 106.3
VS
Miami, FL
$108,000 - $640,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Providence, RI | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Land or Facility
|
$20,000 - $150,000 | $39,100 - $293,500 | -49% |
|
Course Design & Construction
|
$42,000 - $210,000 | $43,200 - $216,000 | -3% |
|
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)
|
$10,600 - $53,200 | $12,800 - $64,200 | -17% |
| Total Estimated Cost | $85,000 - $479,000 | $108,000 - $640,000 | -25% |
Local Market Factors
| Factor | Providence | Miami |
|---|---|---|
| Cost of Living Index | 106.3 | 128.3 |
| Commercial Rent ($/sqft/yr) | $14 - $32 | $25 - $65 |
| Labor Rate Index | 1.05 | 1.08 |
| Sales Tax | 7% | 7% |
| Minimum Wage | $15.00/hr | $13.00/hr |
| LLC Filing Fee | $150 | $125 |
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