Home Health Care Agency Startup Cost Comparison

Athens, GA vs Miami, FL

Athens, GA

$45,000 - $308,000

COL Index: 93.4

VS

Miami, FL

$56,000 - $389,000

COL Index: 128.3

Detailed Cost Comparison

Expense Athens, GA Miami, FL Difference
Licensing & Certification
$5,000 - $50,000 $5,000 - $50,000 Same
Office Space Setup
$2,300 - $15,700 $5,900 - $39,100 -60%
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
$4,500 - $27,000 $5,400 - $32,400 -17%
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)
$18,700 - $140,100 $25,700 - $192,500 -27%
Total Estimated Cost $45,000 - $308,000 $56,000 - $389,000 -21%

Local Market Factors

Factor Athens Miami
Cost of Living Index 93.4 128.3
Commercial Rent ($/sqft/yr) $12 - $24 $25 - $65
Labor Rate Index 0.9 1.08
Sales Tax 8% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $100 $125

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