Med Spa Startup Cost Comparison

Nampa, ID vs New York, NY

Nampa, ID

$187,000 - $532,000

COL Index: 97.5

VS

New York, NY

$274,000 - $829,000

COL Index: 187.2

Detailed Cost Comparison

Expense Nampa, ID New York, NY Difference
Business Registration & Medical Licensing
$2,000 - $10,000 $5,300 - $17,100 -46%
Commercial Lease (First + Last + Security)
$8,300 - $36,500 $41,700 - $182,600 -80%
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
$34,000 - $102,000 $58,000 - $174,000 -41%
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)
$29,300 - $78,000 $56,200 - $149,800 -48%
Total Estimated Cost $187,000 - $532,000 $274,000 - $829,000 -35%

Local Market Factors

Factor Nampa New York
Cost of Living Index 97.5 187.2
Commercial Rent ($/sqft/yr) $10 - $22 $40 - $120
Labor Rate Index 0.85 1.45
Sales Tax 6% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $100 $200

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