Dental Practice Startup Cost Comparison

Little Rock, AR vs Chicago, IL

Little Rock, AR

$285,000 - $705,000

COL Index: 87.8

VS

Chicago, IL

$330,000 - $827,000

COL Index: 107.8

Detailed Cost Comparison

Expense Little Rock, AR Chicago, IL Difference
Business Formation & Dental Licensing
$3,000 - $12,000 $5,600 - $12,000 -15%
Commercial Lease (First + Last + Security)
$9,400 - $35,200 $23,500 - $88,000 -60%
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
$51,000 - $127,500 $69,000 - $172,500 -26%
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)
$43,900 - $105,400 $53,900 - $129,400 -19%
Total Estimated Cost $285,000 - $705,000 $330,000 - $827,000 -14%

Local Market Factors

Factor Little Rock Chicago
Cost of Living Index 87.8 107.8
Commercial Rent ($/sqft/yr) $12 - $24 $25 - $65
Labor Rate Index 0.85 1.15
Sales Tax 9.625% 10.25%
Minimum Wage $11.00/hr $15.80/hr
LLC Filing Fee $45 $150

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