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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