Veterinary Clinic Startup Cost Comparison

Flagstaff, AZ vs Chicago, IL

Flagstaff, AZ

$289,000 - $1,750,000

COL Index: 115.5

VS

Chicago, IL

$375,000 - $2,426,000

COL Index: 107.8

Detailed Cost Comparison

Expense Flagstaff, AZ Chicago, IL Difference
Licensing & DEA Registration
$3,000 - $15,000 $5,600 - $15,000 -13%
Clinic Space & Build-Out
$110,900 - $887,000 $195,700 - $1,565,200 -43%
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 $23,000 - $115,000 -11%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$46,200 - $231,000 $43,100 - $215,600 +7%
Total Estimated Cost $289,000 - $1,750,000 $375,000 - $2,426,000 -27%

Local Market Factors

Factor Flagstaff Chicago
Cost of Living Index 115.5 107.8
Commercial Rent ($/sqft/yr) $16 - $35 $25 - $65
Labor Rate Index 1.02 1.15
Sales Tax 9.18% 10.25%
Minimum Wage $17.40/hr $15.80/hr
LLC Filing Fee $50 $150

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