Physical Therapy Clinic Startup Cost Comparison

Palm Coast, FL vs New York, NY

Palm Coast, FL

$33,000 - $190,000

COL Index: 97.3

VS

New York, NY

$92,000 - $533,000

COL Index: 187.2

Detailed Cost Comparison

Expense Palm Coast, FL New York, NY Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$17,000 - $101,700 $69,600 - $417,400 -76%
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)
$7,300 - $29,200 $14,000 - $56,200 -48%
Total Estimated Cost $33,000 - $190,000 $92,000 - $533,000 -64%

Local Market Factors

Factor Palm Coast New York
Cost of Living Index 97.3 187.2
Commercial Rent ($/sqft/yr) $13 - $26 $40 - $120
Labor Rate Index 0.92 1.45
Sales Tax 7% 8.875%
Minimum Wage $13.00/hr $16.00/hr
LLC Filing Fee $125 $200

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