Home Health Care Agency Startup Cost Comparison

Las Vegas, NV vs Chicago, IL

Las Vegas, NV

$49,000 - $342,000

COL Index: 105.8

VS

Chicago, IL

$53,000 - $360,000

COL Index: 107.8

Detailed Cost Comparison

Expense Las Vegas, NV Chicago, IL Difference
Licensing & Certification
$5,000 - $50,000 $5,600 - $50,000 -1%
Office Space Setup
$4,100 - $27,400 $5,900 - $39,100 -30%
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
$5,100 - $30,600 $5,800 - $34,500 -11%
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)
$21,200 - $158,700 $21,600 - $161,700 -2%
Total Estimated Cost $49,000 - $342,000 $53,000 - $360,000 -5%

Local Market Factors

Factor Las Vegas Chicago
Cost of Living Index 105.8 107.8
Commercial Rent ($/sqft/yr) $18 - $45 $25 - $65
Labor Rate Index 1.02 1.15
Sales Tax 8.375% 10.25%
Minimum Wage $12.00/hr $15.80/hr
LLC Filing Fee $75 $150

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