Trampoline Park Startup Cost Comparison
Charleston, SC vs New York, NY
Charleston, SC
$378,000 - $1,747,000
COL Index: 110.8
VS
New York, NY
$637,000 - $3,009,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Charleston, SC | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,000 - $5,000 | $1,000 - $5,000 | Same |
|
Facility Lease & Build-Out
|
$126,100 - $630,400 | $347,800 - $1,739,100 | -64% |
|
Trampolines & Attractions
|
$150,000 - $700,000 | $150,000 - $700,000 | Same |
|
Safety Systems & Equipment
|
$10,000 - $50,000 | $10,000 - $50,000 | Same |
|
POS & Waiver System
|
$5,000 - $20,000 | $5,000 - $20,000 | Same |
|
Business Insurance (Annual)
|
$20,000 - $80,000 | $20,000 - $80,000 | Same |
|
Marketing & Pre-Opening
|
$10,000 - $40,000 | $10,000 - $40,000 | Same |
|
Working Capital (3 Months)
|
$55,400 - $221,600 | $93,600 - $374,400 | -41% |
| Total Estimated Cost | $378,000 - $1,747,000 | $637,000 - $3,009,000 | -42% |
Local Market Factors
| Factor | Charleston | New York |
|---|---|---|
| Cost of Living Index | 110.8 | 187.2 |
| Commercial Rent ($/sqft/yr) | $18 - $40 | $40 - $120 |
| Labor Rate Index | 1.06 | 1.45 |
| Sales Tax | 9% | 8.875% |
| Minimum Wage | $7.25/hr | $16.00/hr |
| LLC Filing Fee | $110 | $200 |
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