Dog Daycare Startup Cost Comparison
Boston, MA vs New York, NY
Boston, MA
$65,000 - $511,000
COL Index: 152.4
VS
New York, NY
$83,000 - $677,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Boston, MA | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$5,800 - $32,300 | $5,300 - $17,100 | +70% |
|
Facility Lease & Build-Out
|
$35,900 - $358,700 | $52,200 - $521,700 | -31% |
|
Equipment & Supplies
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Business Insurance (Annual)
|
$3,000 - $10,000 | $3,000 - $10,000 | Same |
|
Initial Staff Training
|
$2,800 - $11,000 | $2,900 - $11,600 | -5% |
|
Marketing & Launch
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$12,200 - $76,200 | $15,000 - $93,600 | -19% |
| Total Estimated Cost | $65,000 - $511,000 | $83,000 - $677,000 | -24% |
Local Market Factors
| Factor | Boston | New York |
|---|---|---|
| Cost of Living Index | 152.4 | 187.2 |
| Commercial Rent ($/sqft/yr) | $30 - $80 | $40 - $120 |
| Labor Rate Index | 1.38 | 1.45 |
| Sales Tax | 6.25% | 8.875% |
| Minimum Wage | $15.00/hr | $16.00/hr |
| LLC Filing Fee | $500 | $200 |
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