Dental Practice Startup Cost Comparison
Sunnyvale, CA vs New York, NY
Sunnyvale, CA
$403,000 - $1,026,000
COL Index: 192.5
VS
New York, NY
$406,000 - $1,041,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Sunnyvale, CA | New York, NY | Difference |
|---|---|---|---|
|
Business Formation & Dental Licensing
|
$4,100 - $18,100 | $5,300 - $17,100 | -1% |
|
Commercial Lease (First + Last + Security)
|
$31,800 - $119,300 | $41,700 - $156,500 | -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
|
$93,000 - $232,500 | $87,000 - $217,500 | +7% |
|
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)
|
$96,300 - $231,000 | $93,600 - $224,600 | +3% |
| Total Estimated Cost | $403,000 - $1,026,000 | $406,000 - $1,041,000 | -1% |
Local Market Factors
| Factor | Sunnyvale | New York |
|---|---|---|
| Cost of Living Index | 192.5 | 187.2 |
| Commercial Rent ($/sqft/yr) | $42 - $80 | $40 - $120 |
| Labor Rate Index | 1.55 | 1.45 |
| Sales Tax | 9.375% | 8.875% |
| Minimum Wage | $18.55/hr | $16.00/hr |
| LLC Filing Fee | $70 | $200 |
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