Med Spa Startup Cost Comparison

Murrieta, CA vs New York, NY

Murrieta, CA

$196,000 - $560,000

COL Index: 108.3

VS

New York, NY

$274,000 - $829,000

COL Index: 187.2

Detailed Cost Comparison

Expense Murrieta, CA New York, NY Difference
Business Registration & Medical Licensing
$2,000 - $10,000 $5,300 - $17,100 -46%
Commercial Lease (First + Last + Security)
$9,400 - $41,100 $41,700 - $182,600 -77%
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
$39,200 - $117,600 $58,000 - $174,000 -32%
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)
$32,500 - $86,600 $56,200 - $149,800 -42%
Total Estimated Cost $196,000 - $560,000 $274,000 - $829,000 -31%

Local Market Factors

Factor Murrieta New York
Cost of Living Index 108.3 187.2
Commercial Rent ($/sqft/yr) $12 - $24 $40 - $120
Labor Rate Index 0.98 1.45
Sales Tax 8.75% 8.875%
Minimum Wage $16.00/hr $16.00/hr
LLC Filing Fee $70 $200

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