Senior Care Facility Startup Cost Comparison

Oakland, CA vs Houston, TX

Oakland, CA

$157,000 - $1,670,000

COL Index: 160.5

VS

Houston, TX

$113,000 - $1,188,000

COL Index: 96.5

Detailed Cost Comparison

Expense Oakland, CA Houston, TX Difference
Licensing & Certification
$5,000 - $30,000 $5,000 - $30,000 Same
Facility Acquisition or Lease
$60,700 - $1,010,900 $41,100 - $684,800 +48%
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
$13,800 - $82,800 $9,200 - $55,200 +50%
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)
$48,200 - $321,000 $29,000 - $193,000 +66%
Total Estimated Cost $157,000 - $1,670,000 $113,000 - $1,188,000 +40%

Local Market Factors

Factor Oakland Houston
Cost of Living Index 160.5 96.5
Commercial Rent ($/sqft/yr) $28 - $65 $18 - $45
Labor Rate Index 1.38 0.92
Sales Tax 10.25% 8.25%
Minimum Wage $16.00/hr $7.25/hr
LLC Filing Fee $70 $300

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