Dental Practice Startup Cost Comparison
Warren, MI vs Houston, TX
Warren, MI
$289,000 - $714,000
COL Index: 91.5
VS
Houston, TX
$301,000 - $752,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Warren, MI | Houston, TX | Difference |
|---|---|---|---|
|
Business Formation & Dental Licensing
|
$3,000 - $12,000 | $3,000 - $12,000 | Same |
|
Commercial Lease (First + Last + Security)
|
$9,700 - $36,200 | $16,400 - $61,600 | -41% |
|
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
|
$52,200 - $130,500 | $55,200 - $138,000 | -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)
|
$45,800 - $109,800 | $48,300 - $115,800 | -5% |
| Total Estimated Cost | $289,000 - $714,000 | $301,000 - $752,000 | -5% |
Local Market Factors
| Factor | Warren | Houston |
|---|---|---|
| Cost of Living Index | 91.5 | 96.5 |
| Commercial Rent ($/sqft/yr) | $11 - $26 | $18 - $45 |
| Labor Rate Index | 0.87 | 0.92 |
| Sales Tax | 6% | 8.25% |
| Minimum Wage | $10.33/hr | $7.25/hr |
| LLC Filing Fee | $50 | $300 |
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