Dog Daycare Startup Cost Comparison
Meridian, ID vs Chicago, IL
Meridian, ID
$33,000 - $236,000
COL Index: 105.6
VS
Chicago, IL
$54,000 - $401,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Meridian, ID | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,300 - $5,500 | $5,600 - $10,900 | -59% |
|
Facility Lease & Build-Out
|
$13,700 - $137,000 | $29,300 - $293,500 | -53% |
|
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
|
$2,000 - $7,800 | $2,300 - $9,200 | -15% |
|
Marketing & Launch
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$8,400 - $52,800 | $8,600 - $53,900 | -2% |
| Total Estimated Cost | $33,000 - $236,000 | $54,000 - $401,000 | -41% |
Local Market Factors
| Factor | Meridian | Chicago |
|---|---|---|
| Cost of Living Index | 105.6 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $28 | $25 - $65 |
| Labor Rate Index | 0.98 | 1.15 |
| Sales Tax | 6% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $100 | $150 |
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