Veterinary Clinic Startup Cost Comparison

Fargo, ND vs Los Angeles, CA

Fargo, ND

$244,000 - $1,429,000

COL Index: 91.5

VS

Los Angeles, CA

$456,000 - $2,998,000

COL Index: 166.5

Detailed Cost Comparison

Expense Fargo, ND Los Angeles, CA Difference
Licensing & DEA Registration
$3,000 - $15,000 $4,000 - $15,000 -5%
Clinic Space & Build-Out
$78,300 - $626,100 $250,000 - $2,000,000 -69%
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
$18,000 - $90,000 $27,000 - $135,000 -33%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$36,600 - $183,000 $66,600 - $333,000 -45%
Total Estimated Cost $244,000 - $1,429,000 $456,000 - $2,998,000 -52%

Local Market Factors

Factor Fargo Los Angeles
Cost of Living Index 91.5 166.5
Commercial Rent ($/sqft/yr) $12 - $24 $30 - $85
Labor Rate Index 0.9 1.35
Sales Tax 7.5% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $135 $70

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