Dog Daycare Startup Cost Comparison

Rochester, MN vs New York, NY

Rochester, MN

$33,000 - $239,000

COL Index: 101.5

VS

New York, NY

$83,000 - $677,000

COL Index: 187.2

Detailed Cost Comparison

Expense Rochester, MN New York, NY Difference
Business Registration & Licenses
$800 - $4,000 $5,300 - $17,100 -79%
Facility Lease & Build-Out
$14,300 - $143,500 $52,200 - $521,700 -73%
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 - $8,000 $2,900 - $11,600 -31%
Marketing & Launch
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$8,100 - $50,800 $15,000 - $93,600 -46%
Total Estimated Cost $33,000 - $239,000 $83,000 - $677,000 -64%

Local Market Factors

Factor Rochester New York
Cost of Living Index 101.5 187.2
Commercial Rent ($/sqft/yr) $14 - $30 $40 - $120
Labor Rate Index 1 1.45
Sales Tax 7.375% 8.875%
Minimum Wage $10.85/hr $16.00/hr
LLC Filing Fee $155 $200

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