Trampoline Park Startup Cost Comparison
Norfolk, VA vs New York, NY
Norfolk, VA
$327,000 - $1,503,000
COL Index: 97.6
VS
New York, NY
$637,000 - $3,009,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Norfolk, VA | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,000 - $5,000 | $1,000 - $5,000 | Same |
|
Facility Lease & Build-Out
|
$82,600 - $413,000 | $347,800 - $1,739,100 | -76% |
|
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)
|
$48,800 - $195,200 | $93,600 - $374,400 | -48% |
| Total Estimated Cost | $327,000 - $1,503,000 | $637,000 - $3,009,000 | -50% |
Local Market Factors
| Factor | Norfolk | New York |
|---|---|---|
| Cost of Living Index | 97.6 | 187.2 |
| Commercial Rent ($/sqft/yr) | $12 - $26 | $40 - $120 |
| Labor Rate Index | 0.96 | 1.45 |
| Sales Tax | 6% | 8.875% |
| Minimum Wage | $12.41/hr | $16.00/hr |
| LLC Filing Fee | $100 | $200 |
View Full Details
Ready to Start Your Trampoline Park?
Start your Trampoline Park LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot