Veterinary Clinic Startup Cost Comparison

Baltimore, MD vs Chicago, IL

Baltimore, MD

$297,000 - $1,826,000

COL Index: 108.5

VS

Chicago, IL

$375,000 - $2,426,000

COL Index: 107.8

Detailed Cost Comparison

Expense Baltimore, MD Chicago, IL Difference
Licensing & DEA Registration
$3,000 - $15,000 $5,600 - $15,000 -13%
Clinic Space & Build-Out
$121,700 - $973,900 $195,700 - $1,565,200 -38%
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 $23,000 - $115,000 -9%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$43,400 - $217,000 $43,100 - $215,600 +1%
Total Estimated Cost $297,000 - $1,826,000 $375,000 - $2,426,000 -24%

Local Market Factors

Factor Baltimore Chicago
Cost of Living Index 108.5 107.8
Commercial Rent ($/sqft/yr) $16 - $40 $25 - $65
Labor Rate Index 1.05 1.15
Sales Tax 6% 10.25%
Minimum Wage $15.00/hr $15.80/hr
LLC Filing Fee $100 $150

Ready to Start Your Veterinary Clinic?

Start your Veterinary Clinic LLC in โ€” free registered agent for 1 year.

Form Your LLC for $0 + State Fee โ†’

Trusted by 500,000+ businesses ยท Excellent rating on Trustpilot

Start Your LLC โ€” $0 + State Fee