Veterinary Clinic Startup Cost Comparison
Idaho Falls, ID vs Houston, TX
Idaho Falls, ID
$233,000 - $1,333,000
COL Index: 95.8
VS
Houston, TX
$305,000 - $1,911,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Idaho Falls, ID | Houston, TX | Difference |
|---|---|---|---|
|
Licensing & DEA Registration
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Clinic Space & Build-Out
|
$65,200 - $521,700 | $137,000 - $1,095,700 | -52% |
|
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 | $18,400 - $92,000 | -2% |
|
Initial Pharmacy & Supplies
|
$15,000 - $60,000 | $15,000 - $60,000 | Same |
|
Working Capital (3 Months)
|
$38,300 - $191,600 | $38,600 - $193,000 | -1% |
| Total Estimated Cost | $233,000 - $1,333,000 | $305,000 - $1,911,000 | -29% |
Local Market Factors
| Factor | Idaho Falls | Houston |
|---|---|---|
| Cost of Living Index | 95.8 | 96.5 |
| Commercial Rent ($/sqft/yr) | $10 - $20 | $18 - $45 |
| Labor Rate Index | 0.9 | 0.92 |
| Sales Tax | 6% | 8.25% |
| Minimum Wage | $7.25/hr | $7.25/hr |
| LLC Filing Fee | $100 | $300 |
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