Pet Boarding Facility Startup Cost Comparison
Denver, CO vs Miami, FL
Denver, CO
$61,000 - $577,000
COL Index: 118.5
VS
Miami, FL
$68,000 - $652,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Denver, CO | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,100 - $9,200 | $2,600 - $9,500 | -7% |
|
Facility & Kennel Build-Out
|
$33,500 - $418,500 | $39,100 - $489,100 | -14% |
|
Kennels, Crates & Equipment
|
$5,000 - $40,000 | $5,000 - $40,000 | Same |
|
Business Insurance (Annual)
|
$3,000 - $12,000 | $3,000 - $12,000 | Same |
|
Initial Staff & Training
|
$3,500 - $17,700 | $3,200 - $16,200 | +9% |
|
Marketing & Launch
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$11,900 - $71,100 | $12,800 - $77,000 | -8% |
| Total Estimated Cost | $61,000 - $577,000 | $68,000 - $652,000 | -11% |
Local Market Factors
| Factor | Denver | Miami |
|---|---|---|
| Cost of Living Index | 118.5 | 128.3 |
| Commercial Rent ($/sqft/yr) | $22 - $55 | $25 - $65 |
| Labor Rate Index | 1.18 | 1.08 |
| Sales Tax | 8.81% | 7% |
| Minimum Wage | $18.29/hr | $13.00/hr |
| LLC Filing Fee | $50 | $125 |
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