Dog Daycare Startup Cost Comparison

Providence, RI vs New York, NY

Providence, RI

$36,000 - $251,000

COL Index: 106.3

VS

New York, NY

$83,000 - $677,000

COL Index: 187.2

Detailed Cost Comparison

Expense Providence, RI New York, NY Difference
Business Registration & Licenses
$1,900 - $6,300 $5,300 - $17,100 -63%
Facility Lease & Build-Out
$15,000 - $150,000 $52,200 - $521,700 -71%
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 - $8,400 $2,900 - $11,600 -28%
Marketing & Launch
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$8,500 - $53,200 $15,000 - $93,600 -43%
Total Estimated Cost $36,000 - $251,000 $83,000 - $677,000 -62%

Local Market Factors

Factor Providence New York
Cost of Living Index 106.3 187.2
Commercial Rent ($/sqft/yr) $14 - $32 $40 - $120
Labor Rate Index 1.05 1.45
Sales Tax 7% 8.875%
Minimum Wage $15.00/hr $16.00/hr
LLC Filing Fee $150 $200

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