Dental Practice Startup Cost Comparison
New York, NY vs San Francisco, CA
New York, NY
$406,000 - $1,041,000
COL Index: 187.2
VS
San Francisco, CA
$402,000 - $1,034,000
COL Index: 179.8
Detailed Cost Comparison
| Expense | New York, NY | San Francisco, CA | Difference |
|---|---|---|---|
|
Business Formation & Dental Licensing
|
$5,300 - $17,100 | $4,200 - $18,500 | -1% |
|
Commercial Lease (First + Last + Security)
|
$41,700 - $156,500 | $39,100 - $146,700 | +7% |
|
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
|
$87,000 - $217,500 | $91,200 - $228,000 | -5% |
|
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)
|
$93,600 - $224,600 | $89,900 - $215,800 | +4% |
| Total Estimated Cost | $406,000 - $1,041,000 | $402,000 - $1,034,000 | +1% |
Local Market Factors
| Factor | New York | San Francisco |
|---|---|---|
| Cost of Living Index | 187.2 | 179.8 |
| Commercial Rent ($/sqft/yr) | $40 - $120 | $40 - $110 |
| Labor Rate Index | 1.45 | 1.52 |
| Sales Tax | 8.875% | 8.625% |
| Minimum Wage | $16.00/hr | $18.67/hr |
| LLC Filing Fee | $200 | $70 |
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