Med Spa Startup Cost Comparison

Oxnard, CA vs Miami, FL

Oxnard, CA

$213,000 - $618,000

COL Index: 130.5

VS

Miami, FL

$221,000 - $650,000

COL Index: 128.3

Detailed Cost Comparison

Expense Oxnard, CA Miami, FL Difference
Business Registration & Medical Licensing
$2,000 - $10,000 $2,600 - $10,000 -5%
Commercial Lease (First + Last + Security)
$15,100 - $66,200 $23,500 - $102,700 -36%
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
$44,000 - $132,000 $43,200 - $129,600 +2%
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)
$39,200 - $104,400 $38,500 - $102,600 +2%
Total Estimated Cost $213,000 - $618,000 $221,000 - $650,000 -5%

Local Market Factors

Factor Oxnard Miami
Cost of Living Index 130.5 128.3
Commercial Rent ($/sqft/yr) $18 - $40 $25 - $65
Labor Rate Index 1.1 1.08
Sales Tax 7.75% 7%
Minimum Wage $16.00/hr $13.00/hr
LLC Filing Fee $70 $125

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