Mini Golf Course Startup Cost Comparison
Torrance, CA vs New York, NY
Torrance, CA
$115,000 - $669,000
COL Index: 145.7
VS
New York, NY
$159,000 - $971,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Torrance, CA | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Land or Facility
|
$36,500 - $273,900 | $69,600 - $521,700 | -48% |
|
Course Design & Construction
|
$51,200 - $256,000 | $58,000 - $290,000 | -12% |
|
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)
|
$14,600 - $72,900 | $18,700 - $93,600 | -22% |
| Total Estimated Cost | $115,000 - $669,000 | $159,000 - $971,000 | -31% |
Local Market Factors
| Factor | Torrance | New York |
|---|---|---|
| Cost of Living Index | 145.7 | 187.2 |
| Commercial Rent ($/sqft/yr) | $26 - $58 | $40 - $120 |
| Labor Rate Index | 1.28 | 1.45 |
| Sales Tax | 10% | 8.875% |
| Minimum Wage | $16.00/hr | $16.00/hr |
| LLC Filing Fee | $70 | $200 |
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