Dental Practice Startup Cost Comparison
Gary, IN vs Los Angeles, CA
Gary, IN
$273,000 - $672,000
COL Index: 81.5
VS
Los Angeles, CA
$376,000 - $954,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Gary, IN | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Formation & Dental Licensing
|
$3,000 - $12,000 | $4,000 - $14,400 | -18% |
|
Commercial Lease (First + Last + Security)
|
$6,500 - $24,500 | $30,000 - $112,500 | -78% |
|
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
|
$45,000 - $112,500 | $81,000 - $202,500 | -44% |
|
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)
|
$40,800 - $97,800 | $83,300 - $199,800 | -51% |
| Total Estimated Cost | $273,000 - $672,000 | $376,000 - $954,000 | -29% |
Local Market Factors
| Factor | Gary | Los Angeles |
|---|---|---|
| Cost of Living Index | 81.5 | 166.5 |
| Commercial Rent ($/sqft/yr) | $7 - $18 | $30 - $85 |
| Labor Rate Index | 0.75 | 1.35 |
| Sales Tax | 7% | 9.5% |
| Minimum Wage | $7.25/hr | $16.78/hr |
| LLC Filing Fee | $95 | $70 |
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