Veterinary Clinic Startup Cost Comparison
Chicago, IL vs San Francisco, CA
Chicago, IL
$375,000 - $2,426,000
COL Index: 107.8
VS
San Francisco, CA
$541,000 - $3,654,000
COL Index: 179.8
Detailed Cost Comparison
| Expense | Chicago, IL | San Francisco, CA | Difference |
|---|---|---|---|
|
Licensing & DEA Registration
|
$5,600 - $15,000 | $4,200 - $18,500 | -9% |
|
Clinic Space & Build-Out
|
$195,700 - $1,565,200 | $326,100 - $2,608,700 | -40% |
|
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
|
$23,000 - $115,000 | $30,400 - $152,000 | -24% |
|
Initial Pharmacy & Supplies
|
$15,000 - $60,000 | $15,000 - $60,000 | Same |
|
Working Capital (3 Months)
|
$43,100 - $215,600 | $71,900 - $359,600 | -40% |
| Total Estimated Cost | $375,000 - $2,426,000 | $541,000 - $3,654,000 | -33% |
Local Market Factors
| Factor | Chicago | San Francisco |
|---|---|---|
| Cost of Living Index | 107.8 | 179.8 |
| Commercial Rent ($/sqft/yr) | $25 - $65 | $40 - $110 |
| Labor Rate Index | 1.15 | 1.52 |
| Sales Tax | 10.25% | 8.625% |
| Minimum Wage | $15.80/hr | $18.67/hr |
| LLC Filing Fee | $150 | $70 |
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