Pet Store Startup Cost Comparison
Denver, CO vs Los Angeles, CA
Denver, CO
$60,000 - $317,000
COL Index: 118.5
VS
Los Angeles, CA
$73,000 - $389,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Denver, CO | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,100 - $9,200 | $4,000 - $14,400 | -39% |
|
Commercial Lease (First + Last + Security)
|
$10,000 - $75,300 | $15,000 - $112,500 | -33% |
|
Initial Inventory
|
$15,000 - $60,000 | $15,000 - $60,000 | Same |
|
Store Build-Out & Fixtures
|
$11,800 - $76,700 | $13,500 - $87,800 | -13% |
|
Specialized Equipment
|
$5,000 - $30,000 | $5,000 - $30,000 | Same |
|
Business Insurance (Annual)
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Marketing & Grand Opening
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$11,900 - $47,400 | $16,700 - $66,600 | -29% |
| Total Estimated Cost | $60,000 - $317,000 | $73,000 - $389,000 | -18% |
Local Market Factors
| Factor | Denver | Los Angeles |
|---|---|---|
| Cost of Living Index | 118.5 | 166.5 |
| Commercial Rent ($/sqft/yr) | $22 - $55 | $30 - $85 |
| Labor Rate Index | 1.18 | 1.35 |
| Sales Tax | 8.81% | 9.5% |
| Minimum Wage | $18.29/hr | $16.78/hr |
| LLC Filing Fee | $50 | $70 |
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