Dog Daycare Startup Cost Comparison
Peoria, AZ vs Chicago, IL
Peoria, AZ
$33,000 - $234,000
COL Index: 101.2
VS
Chicago, IL
$54,000 - $401,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Peoria, AZ | 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
|
$1,900 - $7,700 | $2,300 - $9,200 | -17% |
|
Marketing & Launch
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$8,100 - $50,600 | $8,600 - $53,900 | -6% |
| Total Estimated Cost | $33,000 - $234,000 | $54,000 - $401,000 | -41% |
Local Market Factors
| Factor | Peoria | Chicago |
|---|---|---|
| Cost of Living Index | 101.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $28 | $25 - $65 |
| Labor Rate Index | 0.96 | 1.15 |
| Sales Tax | 8.1% | 10.25% |
| Minimum Wage | $14.35/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
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