Senior Care Facility Startup Cost Comparison
Houston, TX vs San Francisco, CA
Houston, TX
$113,000 - $1,188,000
COL Index: 96.5
VS
San Francisco, CA
$201,000 - $2,336,000
COL Index: 179.8
Detailed Cost Comparison
| Expense | Houston, TX | San Francisco, CA | Difference |
|---|---|---|---|
|
Licensing & Certification
|
$5,000 - $30,000 | $5,000 - $30,000 | Same |
|
Facility Acquisition or Lease
|
$41,100 - $684,800 | $97,800 - $1,630,400 | -58% |
|
Furnishing & Equipment
|
$15,000 - $150,000 | $15,000 - $150,000 | Same |
|
Insurance (Annual)
|
$8,000 - $40,000 | $8,000 - $40,000 | Same |
|
Initial Staffing & Training
|
$9,200 - $55,200 | $15,200 - $91,200 | -39% |
|
Compliance & Accreditation
|
$3,000 - $20,000 | $3,000 - $20,000 | Same |
|
Marketing & Referral Network
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Working Capital (3-6 Months)
|
$29,000 - $193,000 | $53,900 - $359,600 | -46% |
| Total Estimated Cost | $113,000 - $1,188,000 | $201,000 - $2,336,000 | -49% |
Local Market Factors
| Factor | Houston | San Francisco |
|---|---|---|
| Cost of Living Index | 96.5 | 179.8 |
| Commercial Rent ($/sqft/yr) | $18 - $45 | $40 - $110 |
| Labor Rate Index | 0.92 | 1.52 |
| Sales Tax | 8.25% | 8.625% |
| Minimum Wage | $7.25/hr | $18.67/hr |
| LLC Filing Fee | $300 | $70 |
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