Veterinary Clinic Startup Cost Comparison
Carmel, IN vs Houston, TX
Carmel, IN
$304,000 - $1,889,000
COL Index: 106.5
VS
Houston, TX
$305,000 - $1,911,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Carmel, IN | Houston, TX | Difference |
|---|---|---|---|
|
Licensing & DEA Registration
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Clinic Space & Build-Out
|
$130,400 - $1,043,500 | $137,000 - $1,095,700 | -5% |
|
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
|
$20,400 - $102,000 | $18,400 - $92,000 | +11% |
|
Initial Pharmacy & Supplies
|
$15,000 - $60,000 | $15,000 - $60,000 | Same |
|
Working Capital (3 Months)
|
$42,600 - $213,000 | $38,600 - $193,000 | +10% |
| Total Estimated Cost | $304,000 - $1,889,000 | $305,000 - $1,911,000 | -1% |
Local Market Factors
| Factor | Carmel | Houston |
|---|---|---|
| Cost of Living Index | 106.5 | 96.5 |
| Commercial Rent ($/sqft/yr) | $18 - $42 | $18 - $45 |
| Labor Rate Index | 1.02 | 0.92 |
| Sales Tax | 7% | 8.25% |
| Minimum Wage | $7.25/hr | $7.25/hr |
| LLC Filing Fee | $95 | $300 |
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