Veterinary Clinic Startup Cost Comparison

Carlsbad, CA vs Chicago, IL

Carlsbad, CA

$387,000 - $2,467,000

COL Index: 155.6

VS

Chicago, IL

$375,000 - $2,426,000

COL Index: 107.8

Detailed Cost Comparison

Expense Carlsbad, CA Chicago, IL Difference
Licensing & DEA Registration
$3,300 - $15,000 $5,600 - $15,000 -11%
Clinic Space & Build-Out
$187,000 - $1,495,700 $195,700 - $1,565,200 -4%
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
$26,000 - $130,000 $23,000 - $115,000 +13%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$62,200 - $311,200 $43,100 - $215,600 +44%
Total Estimated Cost $387,000 - $2,467,000 $375,000 - $2,426,000 +2%

Local Market Factors

Factor Carlsbad Chicago
Cost of Living Index 155.6 107.8
Commercial Rent ($/sqft/yr) $28 - $58 $25 - $65
Labor Rate Index 1.3 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $16.00/hr $15.80/hr
LLC Filing Fee $70 $150

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