Dental Practice Startup Cost Comparison

Asheville, NC vs Chicago, IL

Asheville, NC

$305,000 - $759,000

COL Index: 105.8

VS

Chicago, IL

$330,000 - $827,000

COL Index: 107.8

Detailed Cost Comparison

Expense Asheville, NC Chicago, IL Difference
Business Formation & Dental Licensing
$3,000 - $12,000 $5,600 - $12,000 -15%
Commercial Lease (First + Last + Security)
$14,100 - $52,800 $23,500 - $88,000 -40%
Dental Equipment & Technology
$150,000 - $350,000 $150,000 - $350,000 Same
Dental Supplies & Materials
$10,000 - $30,000 $10,000 - $30,000 Same
Dental Office Build-Out
$57,000 - $142,500 $69,000 - $172,500 -17%
Malpractice & Business Insurance (Annual)
$8,000 - $20,000 $8,000 - $20,000 Same
Marketing & Patient Acquisition
$10,000 - $25,000 $10,000 - $25,000 Same
Working Capital (3-6 Months)
$52,900 - $127,000 $53,900 - $129,400 -2%
Total Estimated Cost $305,000 - $759,000 $330,000 - $827,000 -8%

Local Market Factors

Factor Asheville Chicago
Cost of Living Index 105.8 107.8
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 0.95 1.15
Sales Tax 7.25% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $125 $150

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