Dog Daycare Startup Cost Comparison
Durham, NC vs Miami, FL
Durham, NC
$35,000 - $256,000
COL Index: 102.8
VS
Miami, FL
$52,000 - $409,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Durham, NC | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,400 - $6,300 | $2,600 - $9,500 | -36% |
|
Facility Lease & Build-Out
|
$15,700 - $156,500 | $29,300 - $293,500 | -47% |
|
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
|
$2,100 - $8,300 | $2,200 - $8,600 | -4% |
|
Marketing & Launch
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$8,200 - $51,400 | $10,300 - $64,200 | -20% |
| Total Estimated Cost | $35,000 - $256,000 | $52,000 - $409,000 | -37% |
Local Market Factors
| Factor | Durham | Miami |
|---|---|---|
| Cost of Living Index | 102.8 | 128.3 |
| Commercial Rent ($/sqft/yr) | $16 - $32 | $25 - $65 |
| Labor Rate Index | 1.04 | 1.08 |
| Sales Tax | 7.5% | 7% |
| Minimum Wage | $7.25/hr | $13.00/hr |
| LLC Filing Fee | $125 | $125 |
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