Physical Therapy Clinic Startup Cost Comparison

Denver, CO vs Miami, FL

Denver, CO

$51,000 - $296,000

COL Index: 118.5

VS

Miami, FL

$57,000 - $332,000

COL Index: 128.3

Detailed Cost Comparison

Expense Denver, CO Miami, FL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$33,500 - $200,900 $39,100 - $234,800 -14%
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)
$8,900 - $35,600 $9,600 - $38,500 -7%
Total Estimated Cost $51,000 - $296,000 $57,000 - $332,000 -11%

Local Market Factors

Factor Denver Miami
Cost of Living Index 118.5 128.3
Commercial Rent ($/sqft/yr) $22 - $55 $25 - $65
Labor Rate Index 1.18 1.08
Sales Tax 8.81% 7%
Minimum Wage $18.29/hr $13.00/hr
LLC Filing Fee $50 $125

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