Physical Therapy Clinic Startup Cost Comparison

Akron, OH vs Los Angeles, CA

Akron, OH

$27,000 - $153,000

COL Index: 86

VS

Los Angeles, CA

$71,000 - $409,000

COL Index: 166.5

Detailed Cost Comparison

Expense Akron, OH Los Angeles, CA Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$11,300 - $67,800 $50,000 - $300,000 -77%
Initial Supplies & Inventory
$7,500 - $45,000 $7,500 - $45,000 Same
Business Insurance (Annual)
$500 - $6,000 $500 - $6,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$6,500 - $25,800 $12,500 - $50,000 -48%
Total Estimated Cost $27,000 - $153,000 $71,000 - $409,000 -63%

Local Market Factors

Factor Akron Los Angeles
Cost of Living Index 86 166.5
Commercial Rent ($/sqft/yr) $8 - $18 $30 - $85
Labor Rate Index 0.85 1.35
Sales Tax 6.75% 9.5%
Minimum Wage $10.45/hr $16.78/hr
LLC Filing Fee $99 $70

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