Home Health Care Agency Startup Cost Comparison

Anaheim, CA vs New York, NY

Anaheim, CA

$59,000 - $414,000

COL Index: 145.2

VS

New York, NY

$74,000 - $519,000

COL Index: 187.2

Detailed Cost Comparison

Expense Anaheim, CA New York, NY Difference
Licensing & Certification
$5,000 - $50,000 $5,300 - $50,000 -1%
Office Space Setup
$5,200 - $34,300 $10,400 - $69,600 -51%
Software & Technology
$3,000 - $15,000 $3,000 - $15,000 Same
Insurance & Bonding
$5,000 - $25,000 $5,000 - $25,000 Same
Initial Caregiver Recruitment
$6,100 - $36,600 $7,300 - $43,500 -16%
Compliance & Accreditation
$3,000 - $20,000 $3,000 - $20,000 Same
Marketing & Referral Network
$3,000 - $15,000 $3,000 - $15,000 Same
Working Capital (3-6 Months)
$29,000 - $217,800 $37,400 - $280,800 -22%
Total Estimated Cost $59,000 - $414,000 $74,000 - $519,000 -20%

Local Market Factors

Factor Anaheim New York
Cost of Living Index 145.2 187.2
Commercial Rent ($/sqft/yr) $24 - $55 $40 - $120
Labor Rate Index 1.22 1.45
Sales Tax 7.75% 8.875%
Minimum Wage $16.00/hr $16.00/hr
LLC Filing Fee $70 $200

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