Veterinary Clinic Startup Cost Comparison

Naperville, IL vs Miami, FL

Naperville, IL

$313,000 - $1,943,000

COL Index: 112.5

VS

Miami, FL

$380,000 - $2,460,000

COL Index: 128.3

Detailed Cost Comparison

Expense Naperville, IL Miami, FL Difference
Licensing & DEA Registration
$3,000 - $15,000 $3,000 - $15,000 Same
Clinic Space & Build-Out
$134,800 - $1,078,300 $195,700 - $1,565,200 -31%
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
$22,000 - $110,000 $21,600 - $108,000 +2%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$45,000 - $225,000 $51,300 - $256,600 -12%
Total Estimated Cost $313,000 - $1,943,000 $380,000 - $2,460,000 -21%

Local Market Factors

Factor Naperville Miami
Cost of Living Index 112.5 128.3
Commercial Rent ($/sqft/yr) $20 - $42 $25 - $65
Labor Rate Index 1.1 1.08
Sales Tax 7.75% 7%
Minimum Wage $14.00/hr $13.00/hr
LLC Filing Fee $150 $125

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