Home Health Care Agency Startup Cost Comparison

Oklahoma City, OK vs Los Angeles, CA

Oklahoma City, OK

$44,000 - $302,000

COL Index: 89.5

VS

Los Angeles, CA

$67,000 - $465,000

COL Index: 166.5

Detailed Cost Comparison

Expense Oklahoma City, OK Los Angeles, CA Difference
Licensing & Certification
$5,000 - $50,000 $5,000 - $50,000 Same
Office Space Setup
$2,600 - $17,400 $7,500 - $50,000 -65%
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 $6,800 - $40,500 -37%
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)
$17,900 - $134,300 $33,300 - $249,800 -46%
Total Estimated Cost $44,000 - $302,000 $67,000 - $465,000 -35%

Local Market Factors

Factor Oklahoma City Los Angeles
Cost of Living Index 89.5 166.5
Commercial Rent ($/sqft/yr) $12 - $28 $30 - $85
Labor Rate Index 0.85 1.35
Sales Tax 8.625% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $100 $70

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