Med Spa Startup Cost Comparison

Santa Clara, CA vs Miami, FL

Santa Clara, CA

$265,000 - $790,000

COL Index: 188.2

VS

Miami, FL

$221,000 - $650,000

COL Index: 128.3

Detailed Cost Comparison

Expense Santa Clara, CA Miami, FL Difference
Business Registration & Medical Licensing
$4,100 - $16,900 $2,600 - $10,000 +67%
Commercial Lease (First + Last + Security)
$30,800 - $134,700 $23,500 - $102,700 +31%
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
$60,800 - $182,400 $43,200 - $129,600 +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)
$56,500 - $150,600 $38,500 - $102,600 +47%
Total Estimated Cost $265,000 - $790,000 $221,000 - $650,000 +21%

Local Market Factors

Factor Santa Clara Miami
Cost of Living Index 188.2 128.3
Commercial Rent ($/sqft/yr) $40 - $78 $25 - $65
Labor Rate Index 1.52 1.08
Sales Tax 9.375% 7%
Minimum Wage $17.75/hr $13.00/hr
LLC Filing Fee $70 $125

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