Veterinary Clinic Startup Cost Comparison

Allen, TX vs New York, NY

Allen, TX

$315,000 - $1,974,000

COL Index: 104.5

VS

New York, NY

$565,000 - $3,834,000

COL Index: 187.2

Detailed Cost Comparison

Expense Allen, TX New York, NY Difference
Licensing & DEA Registration
$3,000 - $15,000 $5,300 - $17,100 -20%
Clinic Space & Build-Out
$141,300 - $1,130,400 $347,800 - $2,782,600 -59%
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
$21,000 - $105,000 $29,000 - $145,000 -28%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$41,800 - $209,000 $74,900 - $374,400 -44%
Total Estimated Cost $315,000 - $1,974,000 $565,000 - $3,834,000 -48%

Local Market Factors

Factor Allen New York
Cost of Living Index 104.5 187.2
Commercial Rent ($/sqft/yr) $20 - $45 $40 - $120
Labor Rate Index 1.05 1.45
Sales Tax 8.25% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $300 $200

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