Home Health Care Agency Startup Cost Comparison
Austin, TX vs Miami, FL
Austin, TX
$51,000 - $349,000
COL Index: 105.2
VS
Miami, FL
$56,000 - $389,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Austin, TX | Miami, FL | Difference |
|---|---|---|---|
|
Licensing & Certification
|
$5,000 - $50,000 | $5,000 - $50,000 | Same |
|
Office Space Setup
|
$5,000 - $33,500 | $5,900 - $39,100 | -14% |
|
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
|
$5,500 - $33,000 | $5,400 - $32,400 | +2% |
|
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)
|
$21,000 - $157,800 | $25,700 - $192,500 | -18% |
| Total Estimated Cost | $51,000 - $349,000 | $56,000 - $389,000 | -10% |
Local Market Factors
| Factor | Austin | Miami |
|---|---|---|
| Cost of Living Index | 105.2 | 128.3 |
| Commercial Rent ($/sqft/yr) | $22 - $55 | $25 - $65 |
| Labor Rate Index | 1.1 | 1.08 |
| Sales Tax | 8.25% | 7% |
| Minimum Wage | $7.25/hr | $13.00/hr |
| LLC Filing Fee | $300 | $125 |
View Full Details
Ready to Start Your Home Health Care Agency?
Start your Home Health Care Agency LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot