Veterinary Clinic Startup Cost Comparison

Naples, FL vs Chicago, IL

Naples, FL

$349,000 - $2,224,000

COL Index: 123.5

VS

Chicago, IL

$375,000 - $2,426,000

COL Index: 107.8

Detailed Cost Comparison

Expense Naples, FL Chicago, IL Difference
Licensing & DEA Registration
$3,000 - $15,000 $5,600 - $15,000 -13%
Clinic Space & Build-Out
$167,400 - $1,339,100 $195,700 - $1,565,200 -14%
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
$21,600 - $108,000 $23,000 - $115,000 -6%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$49,400 - $247,000 $43,100 - $215,600 +15%
Total Estimated Cost $349,000 - $2,224,000 $375,000 - $2,426,000 -8%

Local Market Factors

Factor Naples Chicago
Cost of Living Index 123.5 107.8
Commercial Rent ($/sqft/yr) $22 - $55 $25 - $65
Labor Rate Index 1.08 1.15
Sales Tax 7% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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