Veterinary Clinic Startup Cost Comparison

Concord, CA vs Chicago, IL

Concord, CA

$343,000 - $2,146,000

COL Index: 138.5

VS

Chicago, IL

$375,000 - $2,426,000

COL Index: 107.8

Detailed Cost Comparison

Expense Concord, CA Chicago, IL Difference
Licensing & DEA Registration
$3,200 - $15,000 $5,600 - $15,000 -12%
Clinic Space & Build-Out
$152,200 - $1,217,400 $195,700 - $1,565,200 -22%
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
$24,400 - $122,000 $23,000 - $115,000 +6%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$55,400 - $277,000 $43,100 - $215,600 +28%
Total Estimated Cost $343,000 - $2,146,000 $375,000 - $2,426,000 -11%

Local Market Factors

Factor Concord Chicago
Cost of Living Index 138.5 107.8
Commercial Rent ($/sqft/yr) $22 - $48 $25 - $65
Labor Rate Index 1.22 1.15
Sales Tax 9.75% 10.25%
Minimum Wage $16.00/hr $15.80/hr
LLC Filing Fee $70 $150

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