Veterinary Clinic Startup Cost Comparison

Alexandria, VA vs Chicago, IL

Alexandria, VA

$377,000 - $2,396,000

COL Index: 143.6

VS

Chicago, IL

$375,000 - $2,426,000

COL Index: 107.8

Detailed Cost Comparison

Expense Alexandria, VA Chicago, IL Difference
Licensing & DEA Registration
$3,700 - $15,000 $5,600 - $15,000 -9%
Clinic Space & Build-Out
$180,400 - $1,443,500 $195,700 - $1,565,200 -8%
Medical Equipment
$80,000 - $400,000 $80,000 - $400,000 Same
Practice Management Software
$5,000 - $25,000 $5,000 - $25,000 Same
Insurance (Annual)
$8,000 - $30,000 $8,000 - $30,000 Same
Initial Staffing
$27,000 - $135,000 $23,000 - $115,000 +17%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$57,400 - $287,200 $43,100 - $215,600 +33%
Total Estimated Cost $377,000 - $2,396,000 $375,000 - $2,426,000 -1%

Local Market Factors

Factor Alexandria Chicago
Cost of Living Index 143.6 107.8
Commercial Rent ($/sqft/yr) $28 - $55 $25 - $65
Labor Rate Index 1.35 1.15
Sales Tax 6% 10.25%
Minimum Wage $12.41/hr $15.80/hr
LLC Filing Fee $100 $150

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