Docker Compose is a tool for defining and running multi-container Docker applications. With a Compose file (usually docker-compose.yml), you can define the services, networks, and volumes that need to be created and run together. Compose setups help in maintaining consistency in environments and streamlining the deployment process. The other options, such as Kubernetes and Cloud-init, are not as applicable for single-node, local development scenarios. Compose fits perfectly here since it is designed to deal with multi-container Docker applications on a single node, as opposed to orchestrating clusters of nodes.