Dental Practice Startup Cost Comparison
Santa Fe, NM vs Los Angeles, CA
Santa Fe, NM
$313,000 - $778,000
COL Index: 112.5
VS
Los Angeles, CA
$376,000 - $954,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Santa Fe, NM | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Formation & Dental Licensing
|
$3,000 - $12,000 | $4,000 - $14,400 | -18% |
|
Commercial Lease (First + Last + Security)
|
$14,100 - $52,800 | $30,000 - $112,500 | -53% |
|
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
|
$61,200 - $153,000 | $81,000 - $202,500 | -24% |
|
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)
|
$56,300 - $135,000 | $83,300 - $199,800 | -32% |
| Total Estimated Cost | $313,000 - $778,000 | $376,000 - $954,000 | -18% |
Local Market Factors
| Factor | Santa Fe | Los Angeles |
|---|---|---|
| Cost of Living Index | 112.5 | 166.5 |
| Commercial Rent ($/sqft/yr) | $16 - $38 | $30 - $85 |
| Labor Rate Index | 1.02 | 1.35 |
| Sales Tax | 8.4375% | 9.5% |
| Minimum Wage | $14.60/hr | $16.78/hr |
| LLC Filing Fee | $50 | $70 |
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