Trampoline Park Startup Cost Comparison
Jersey City, NJ vs New York, NY
Jersey City, NJ
$417,000 - $1,934,000
COL Index: 128.4
VS
New York, NY
$637,000 - $3,009,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Jersey City, NJ | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,000 - $5,000 | $1,000 - $5,000 | Same |
|
Facility Lease & Build-Out
|
$156,500 - $782,600 | $347,800 - $1,739,100 | -55% |
|
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)
|
$64,200 - $256,800 | $93,600 - $374,400 | -31% |
| Total Estimated Cost | $417,000 - $1,934,000 | $637,000 - $3,009,000 | -36% |
Local Market Factors
| Factor | Jersey City | New York |
|---|---|---|
| Cost of Living Index | 128.4 | 187.2 |
| Commercial Rent ($/sqft/yr) | $22 - $50 | $40 - $120 |
| Labor Rate Index | 1.25 | 1.45 |
| Sales Tax | 6.625% | 8.875% |
| Minimum Wage | $15.49/hr | $16.00/hr |
| LLC Filing Fee | $125 | $200 |
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