Dog Daycare Startup Cost Comparison
Portland, ME vs Chicago, IL
Portland, ME
$36,000 - $260,000
COL Index: 114.2
VS
Chicago, IL
$54,000 - $401,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Portland, ME | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,400 - $5,200 | $5,600 - $10,900 | -60% |
|
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 | $2,300 - $9,200 | -10% |
|
Marketing & Launch
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$9,100 - $57,100 | $8,600 - $53,900 | +6% |
| Total Estimated Cost | $36,000 - $260,000 | $54,000 - $401,000 | -35% |
Local Market Factors
| Factor | Portland | Chicago |
|---|---|---|
| Cost of Living Index | 114.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $16 - $32 | $25 - $65 |
| Labor Rate Index | 1.04 | 1.15 |
| Sales Tax | 5.5% | 10.25% |
| Minimum Wage | $14.15/hr | $15.80/hr |
| LLC Filing Fee | $175 | $150 |
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