Med Spa Startup Cost Comparison

Carlsbad, CA vs Miami, FL

Carlsbad, CA

$237,000 - $698,000

COL Index: 155.6

VS

Miami, FL

$221,000 - $650,000

COL Index: 128.3

Detailed Cost Comparison

Expense Carlsbad, CA Miami, FL Difference
Business Registration & Medical Licensing
$3,300 - $14,200 $2,600 - $10,000 +39%
Commercial Lease (First + Last + Security)
$22,400 - $98,200 $23,500 - $102,700 -4%
Medical & Aesthetic Equipment
$80,000 - $200,000 $80,000 - $200,000 Same
Initial Injectable & Product Inventory
$15,000 - $50,000 $15,000 - $50,000 Same
Medical Build-Out & Compliance
$52,000 - $156,000 $43,200 - $129,600 +20%
Business & Medical Malpractice Insurance
$8,000 - $25,000 $8,000 - $25,000 Same
Marketing & Patient Acquisition
$10,000 - $30,000 $10,000 - $30,000 Same
Working Capital (3 Months)
$46,700 - $124,500 $38,500 - $102,600 +21%
Total Estimated Cost $237,000 - $698,000 $221,000 - $650,000 +7%

Local Market Factors

Factor Carlsbad Miami
Cost of Living Index 155.6 128.3
Commercial Rent ($/sqft/yr) $28 - $58 $25 - $65
Labor Rate Index 1.3 1.08
Sales Tax 8.25% 7%
Minimum Wage $16.00/hr $13.00/hr
LLC Filing Fee $70 $125

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