Home Health Care Agency Startup Cost Comparison
Cape Coral, FL vs Chicago, IL
Cape Coral, FL
$46,000 - $320,000
COL Index: 99.2
VS
Chicago, IL
$53,000 - $360,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Cape Coral, FL | Chicago, IL | Difference |
|---|---|---|---|
|
Licensing & Certification
|
$5,000 - $50,000 | $5,600 - $50,000 | -1% |
|
Office Space Setup
|
$2,700 - $18,300 | $5,900 - $39,100 | -53% |
|
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
|
$4,700 - $28,200 | $5,800 - $34,500 | -18% |
|
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)
|
$19,800 - $148,800 | $21,600 - $161,700 | -8% |
| Total Estimated Cost | $46,000 - $320,000 | $53,000 - $360,000 | -11% |
Local Market Factors
| Factor | Cape Coral | Chicago |
|---|---|---|
| Cost of Living Index | 99.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $28 | $25 - $65 |
| Labor Rate Index | 0.94 | 1.15 |
| Sales Tax | 6.5% | 10.25% |
| Minimum Wage | $13.00/hr | $15.80/hr |
| LLC Filing Fee | $125 | $150 |
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