Med Spa Startup Cost Comparison

Hartford, CT vs Los Angeles, CA

Hartford, CT

$202,000 - $581,000

COL Index: 107.3

VS

Los Angeles, CA

$251,000 - $746,000

COL Index: 166.5

Detailed Cost Comparison

Expense Hartford, CT Los Angeles, CA Difference
Business Registration & Medical Licensing
$2,000 - $10,000 $4,000 - $14,400 -35%
Commercial Lease (First + Last + Security)
$11,500 - $50,200 $30,000 - $131,300 -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
$43,200 - $129,600 $54,000 - $162,000 -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)
$32,200 - $85,800 $50,000 - $133,200 -36%
Total Estimated Cost $202,000 - $581,000 $251,000 - $746,000 -21%

Local Market Factors

Factor Hartford Los Angeles
Cost of Living Index 107.3 166.5
Commercial Rent ($/sqft/yr) $14 - $30 $30 - $85
Labor Rate Index 1.08 1.35
Sales Tax 6.35% 9.5%
Minimum Wage $16.35/hr $16.78/hr
LLC Filing Fee $120 $70

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