Trampoline Park Startup Cost Comparison
Detroit, MI vs Chicago, IL
Detroit, MI
$323,000 - $1,487,000
COL Index: 89.5
VS
Chicago, IL
$446,000 - $2,089,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Detroit, MI | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,000 - $5,000 | $1,000 - $5,000 | Same |
|
Facility Lease & Build-Out
|
$82,600 - $413,000 | $195,700 - $978,300 | -58% |
|
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)
|
$44,800 - $179,000 | $53,900 - $215,600 | -17% |
| Total Estimated Cost | $323,000 - $1,487,000 | $446,000 - $2,089,000 | -29% |
Local Market Factors
| Factor | Detroit | Chicago |
|---|---|---|
| Cost of Living Index | 89.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $10 - $28 | $25 - $65 |
| Labor Rate Index | 0.85 | 1.15 |
| Sales Tax | 6% | 10.25% |
| Minimum Wage | $10.33/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
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