Mini Golf Course Startup Cost Comparison
Sterling Heights, MI vs New York, NY
Sterling Heights, MI
$74,000 - $419,000
COL Index: 93.2
VS
New York, NY
$159,000 - $971,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Sterling Heights, MI | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Land or Facility
|
$17,400 - $130,400 | $69,600 - $521,700 | -75% |
|
Course Design & Construction
|
$35,200 - $176,000 | $58,000 - $290,000 | -39% |
|
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)
|
$9,300 - $46,600 | $18,700 - $93,600 | -50% |
| Total Estimated Cost | $74,000 - $419,000 | $159,000 - $971,000 | -56% |
Local Market Factors
| Factor | Sterling Heights | New York |
|---|---|---|
| Cost of Living Index | 93.2 | 187.2 |
| Commercial Rent ($/sqft/yr) | $12 - $28 | $40 - $120 |
| Labor Rate Index | 0.88 | 1.45 |
| Sales Tax | 6% | 8.875% |
| Minimum Wage | $10.33/hr | $16.00/hr |
| LLC Filing Fee | $50 | $200 |
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