Pet Boarding Facility Startup Cost Comparison
New Haven, CT vs Miami, FL
New Haven, CT
$49,000 - $429,000
COL Index: 113.8
VS
Miami, FL
$68,000 - $652,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | New Haven, CT | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,000 - $6,500 | $2,600 - $9,500 | -30% |
|
Facility & Kennel Build-Out
|
$22,200 - $277,200 | $39,100 - $489,100 | -43% |
|
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
|
$3,300 - $16,500 | $3,200 - $16,200 | +2% |
|
Marketing & Launch
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$11,400 - $68,300 | $12,800 - $77,000 | -11% |
| Total Estimated Cost | $49,000 - $429,000 | $68,000 - $652,000 | -34% |
Local Market Factors
| Factor | New Haven | Miami |
|---|---|---|
| Cost of Living Index | 113.8 | 128.3 |
| Commercial Rent ($/sqft/yr) | $16 - $35 | $25 - $65 |
| Labor Rate Index | 1.1 | 1.08 |
| Sales Tax | 6.35% | 7% |
| Minimum Wage | $16.35/hr | $13.00/hr |
| LLC Filing Fee | $120 | $125 |
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