Mini Golf Course Startup Cost Comparison
Waco, TX vs Chicago, IL
Waco, TX
$67,000 - $370,000
COL Index: 85.8
VS
Chicago, IL
$108,000 - $643,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Waco, TX | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Land or Facility
|
$13,500 - $101,100 | $39,100 - $293,500 | -66% |
|
Course Design & Construction
|
$32,000 - $160,000 | $46,000 - $230,000 | -30% |
|
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)
|
$8,600 - $42,900 | $10,800 - $53,900 | -20% |
| Total Estimated Cost | $67,000 - $370,000 | $108,000 - $643,000 | -42% |
Local Market Factors
| Factor | Waco | Chicago |
|---|---|---|
| Cost of Living Index | 85.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $9 - $22 | $25 - $65 |
| Labor Rate Index | 0.8 | 1.15 |
| Sales Tax | 8.25% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $300 | $150 |
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