Home Health Care Agency Startup Cost Comparison
Davenport, IA vs Los Angeles, CA
Davenport, IA
$42,000 - $293,000
COL Index: 86.8
VS
Los Angeles, CA
$67,000 - $465,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Davenport, IA | Los Angeles, CA | Difference |
|---|---|---|---|
|
Licensing & Certification
|
$5,000 - $50,000 | $5,000 - $50,000 | Same |
|
Office Space Setup
|
$2,000 - $13,500 | $7,500 - $50,000 | -73% |
|
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
|
$4,000 - $24,000 | $6,800 - $40,500 | -41% |
|
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)
|
$17,400 - $130,200 | $33,300 - $249,800 | -48% |
| Total Estimated Cost | $42,000 - $293,000 | $67,000 - $465,000 | -37% |
Local Market Factors
| Factor | Davenport | Los Angeles |
|---|---|---|
| Cost of Living Index | 86.8 | 166.5 |
| Commercial Rent ($/sqft/yr) | $9 - $22 | $30 - $85 |
| Labor Rate Index | 0.8 | 1.35 |
| Sales Tax | 7% | 9.5% |
| Minimum Wage | $7.25/hr | $16.78/hr |
| LLC Filing Fee | $50 | $70 |
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