Senior Care Facility Startup Cost Comparison

Juneau, AK vs Houston, TX

Juneau, AK

$123,000 - $1,183,000

COL Index: 138.5

VS

Houston, TX

$113,000 - $1,188,000

COL Index: 96.5

Detailed Cost Comparison

Expense Juneau, AK Houston, TX Difference
Licensing & Certification
$5,000 - $30,000 $5,000 - $30,000 Same
Facility Acquisition or Lease
$34,600 - $576,100 $41,100 - $684,800 -16%
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
$12,500 - $75,000 $9,200 - $55,200 +36%
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)
$41,600 - $277,000 $29,000 - $193,000 +44%
Total Estimated Cost $123,000 - $1,183,000 $113,000 - $1,188,000 Same

Local Market Factors

Factor Juneau Houston
Cost of Living Index 138.5 96.5
Commercial Rent ($/sqft/yr) $18 - $35 $18 - $45
Labor Rate Index 1.25 0.92
Sales Tax 5% 8.25%
Minimum Wage $11.73/hr $7.25/hr
LLC Filing Fee $250 $300

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