Senior Care Facility Startup Cost Comparison

Santa Clarita, CA vs Los Angeles, CA

Santa Clarita, CA

$136,000 - $1,385,000

COL Index: 148.5

VS

Los Angeles, CA

$173,000 - $1,919,000

COL Index: 166.5

Detailed Cost Comparison

Expense Santa Clarita, CA Los Angeles, CA Difference
Licensing & Certification
$5,000 - $30,000 $5,000 - $30,000 Same
Facility Acquisition or Lease
$45,700 - $760,900 $75,000 - $1,250,000 -39%
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
$12,000 - $72,000 $13,500 - $81,000 -11%
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)
$44,600 - $297,000 $50,000 - $333,000 -11%
Total Estimated Cost $136,000 - $1,385,000 $173,000 - $1,919,000 -27%

Local Market Factors

Factor Santa Clarita Los Angeles
Cost of Living Index 148.5 166.5
Commercial Rent ($/sqft/yr) $22 - $48 $30 - $85
Labor Rate Index 1.2 1.35
Sales Tax 9.5% 9.5%
Minimum Wage $16.00/hr $16.78/hr
LLC Filing Fee $70 $70

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