Home Health Care Agency Startup Cost Comparison
Cheyenne, WY vs Houston, TX
Cheyenne, WY
$44,000 - $306,000
COL Index: 95.5
VS
Houston, TX
$47,000 - $325,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Cheyenne, WY | Houston, TX | Difference |
|---|---|---|---|
|
Licensing & Certification
|
$5,000 - $50,000 | $5,000 - $50,000 | Same |
|
Office Space Setup
|
$1,800 - $12,200 | $4,100 - $27,400 | -56% |
|
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
|
$4,300 - $25,500 | $4,600 - $27,600 | -7% |
|
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)
|
$19,100 - $143,300 | $19,300 - $144,800 | -1% |
| Total Estimated Cost | $44,000 - $306,000 | $47,000 - $325,000 | -6% |
Local Market Factors
| Factor | Cheyenne | Houston |
|---|---|---|
| Cost of Living Index | 95.5 | 96.5 |
| Commercial Rent ($/sqft/yr) | $8 - $20 | $18 - $45 |
| Labor Rate Index | 0.85 | 0.92 |
| Sales Tax | 6% | 8.25% |
| Minimum Wage | $7.25/hr | $7.25/hr |
| LLC Filing Fee | $100 | $300 |
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