Dog Daycare Startup Cost Comparison
West Palm Beach, FL vs New York, NY
West Palm Beach, FL
$42,000 - $307,000
COL Index: 110.2
VS
New York, NY
$83,000 - $677,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | West Palm Beach, FL | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,400 - $8,300 | $5,300 - $17,100 | -52% |
|
Facility Lease & Build-Out
|
$20,200 - $202,200 | $52,200 - $521,700 | -61% |
|
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)
|
$8,800 - $55,100 | $15,000 - $93,600 | -41% |
| Total Estimated Cost | $42,000 - $307,000 | $83,000 - $677,000 | -54% |
Local Market Factors
| Factor | West Palm Beach | New York |
|---|---|---|
| Cost of Living Index | 110.2 | 187.2 |
| Commercial Rent ($/sqft/yr) | $20 - $42 | $40 - $120 |
| Labor Rate Index | 1.05 | 1.45 |
| Sales Tax | 7% | 8.875% |
| Minimum Wage | $13.00/hr | $16.00/hr |
| LLC Filing Fee | $125 | $200 |
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