Med Spa Startup Cost Comparison
Greenville, SC vs Los Angeles, CA
Greenville, SC
$191,000 - $546,000
COL Index: 94.6
VS
Los Angeles, CA
$251,000 - $746,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Greenville, SC | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Medical Licensing
|
$2,000 - $10,000 | $4,000 - $14,400 | -35% |
|
Commercial Lease (First + Last + Security)
|
$9,900 - $43,400 | $30,000 - $131,300 | -67% |
|
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
|
$37,200 - $111,600 | $54,000 - $162,000 | -31% |
|
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)
|
$28,400 - $75,700 | $50,000 - $133,200 | -43% |
| Total Estimated Cost | $191,000 - $546,000 | $251,000 - $746,000 | -26% |
Local Market Factors
| Factor | Greenville | Los Angeles |
|---|---|---|
| Cost of Living Index | 94.6 | 166.5 |
| Commercial Rent ($/sqft/yr) | $12 - $26 | $30 - $85 |
| Labor Rate Index | 0.93 | 1.35 |
| Sales Tax | 7% | 9.5% |
| Minimum Wage | $7.25/hr | $16.78/hr |
| LLC Filing Fee | $110 | $70 |
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