Dental Practice Startup Cost Comparison

Dallas, TX vs Chicago, IL

Dallas, TX

$313,000 - $785,000

COL Index: 103.1

VS

Chicago, IL

$330,000 - $827,000

COL Index: 107.8

Detailed Cost Comparison

Expense Dallas, TX Chicago, IL Difference
Business Formation & Dental Licensing
$3,000 - $12,000 $5,600 - $12,000 -15%
Commercial Lease (First + Last + Security)
$17,700 - $66,500 $23,500 - $88,000 -24%
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
$63,000 - $157,500 $69,000 - $172,500 -9%
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)
$51,600 - $123,700 $53,900 - $129,400 -4%
Total Estimated Cost $313,000 - $785,000 $330,000 - $827,000 -5%

Local Market Factors

Factor Dallas Chicago
Cost of Living Index 103.1 107.8
Commercial Rent ($/sqft/yr) $18 - $50 $25 - $65
Labor Rate Index 1.05 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $300 $150

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