Med Spa Startup Cost Comparison
Charleston, WV vs Houston, TX
Charleston, WV
$178,000 - $505,000
COL Index: 80.4
VS
Houston, TX
$197,000 - $575,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Charleston, WV | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Medical Licensing
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Commercial Lease (First + Last + Security)
|
$6,300 - $27,400 | $16,400 - $71,900 | -62% |
|
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
|
$32,800 - $98,400 | $36,800 - $110,400 | -11% |
|
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)
|
$24,100 - $64,300 | $29,000 - $77,200 | -17% |
| Total Estimated Cost | $178,000 - $505,000 | $197,000 - $575,000 | -12% |
Local Market Factors
| Factor | Charleston | Houston |
|---|---|---|
| Cost of Living Index | 80.4 | 96.5 |
| Commercial Rent ($/sqft/yr) | $8 - $16 | $18 - $45 |
| Labor Rate Index | 0.82 | 0.92 |
| Sales Tax | 7% | 8.25% |
| Minimum Wage | $8.75/hr | $7.25/hr |
| LLC Filing Fee | $100 | $300 |
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