Acupuncture Practice Startup Cost Comparison
Sterling Heights, MI vs Houston, TX
Sterling Heights, MI
$8,000 - $47,000
COL Index: 93.2
VS
Houston, TX
$10,000 - $59,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Sterling Heights, MI | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$3,500 - $20,900 | $5,500 - $32,900 | -36% |
|
Initial Supplies & Inventory
|
$1,500 - $9,000 | $1,500 - $9,000 | Same |
|
Business Insurance (Annual)
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Marketing & Launch
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Working Capital (3 Months)
|
$1,400 - $5,600 | $1,400 - $5,800 | -3% |
| Total Estimated Cost | $8,000 - $47,000 | $10,000 - $59,000 | -20% |
Local Market Factors
| Factor | Sterling Heights | Houston |
|---|---|---|
| Cost of Living Index | 93.2 | 96.5 |
| Commercial Rent ($/sqft/yr) | $12 - $28 | $18 - $45 |
| Labor Rate Index | 0.88 | 0.92 |
| Sales Tax | 6% | 8.25% |
| Minimum Wage | $10.33/hr | $7.25/hr |
| LLC Filing Fee | $50 | $300 |
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