Pet Boarding Facility Startup Cost Comparison
Racine, WI vs Chicago, IL
Racine, WI
$36,000 - $299,000
COL Index: 89.5
VS
Chicago, IL
$69,000 - $642,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Racine, WI | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$700 - $4,000 | $5,600 - $10,900 | -72% |
|
Facility & Kennel Build-Out
|
$13,500 - $168,500 | $39,100 - $489,100 | -66% |
|
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
|
$2,500 - $12,500 | $3,500 - $17,300 | -28% |
|
Marketing & Launch
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$9,000 - $53,700 | $10,800 - $64,700 | -17% |
| Total Estimated Cost | $36,000 - $299,000 | $69,000 - $642,000 | -53% |
Local Market Factors
| Factor | Racine | Chicago |
|---|---|---|
| Cost of Living Index | 89.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $9 - $22 | $25 - $65 |
| Labor Rate Index | 0.83 | 1.15 |
| Sales Tax | 5.5% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $130 | $150 |
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