Med Spa Startup Cost Comparison

Sandy Springs, GA vs Miami, FL

Sandy Springs, GA

$211,000 - $618,000

COL Index: 108.3

VS

Miami, FL

$221,000 - $650,000

COL Index: 128.3

Detailed Cost Comparison

Expense Sandy Springs, GA Miami, FL Difference
Business Registration & Medical Licensing
$2,400 - $10,000 $2,600 - $10,000 -2%
Commercial Lease (First + Last + Security)
$19,300 - $84,500 $23,500 - $102,700 -18%
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)
$32,500 - $86,600 $38,500 - $102,600 -16%
Total Estimated Cost $211,000 - $618,000 $221,000 - $650,000 -5%

Local Market Factors

Factor Sandy Springs Miami
Cost of Living Index 108.3 128.3
Commercial Rent ($/sqft/yr) $22 - $52 $25 - $65
Labor Rate Index 1.1 1.08
Sales Tax 8.9% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $100 $125

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