Veterinary Clinic Startup Cost Comparison

New York, NY vs Los Angeles, CA

New York, NY

$565,000 - $3,834,000

COL Index: 187.2

VS

Los Angeles, CA

$456,000 - $2,998,000

COL Index: 166.5

Detailed Cost Comparison

Expense New York, NY Los Angeles, CA Difference
Licensing & DEA Registration
$5,300 - $17,100 $4,000 - $15,000 +18%
Clinic Space & Build-Out
$347,800 - $2,782,600 $250,000 - $2,000,000 +39%
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
$29,000 - $145,000 $27,000 - $135,000 +7%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$74,900 - $374,400 $66,600 - $333,000 +12%
Total Estimated Cost $565,000 - $3,834,000 $456,000 - $2,998,000 +27%

Local Market Factors

Factor New York Los Angeles
Cost of Living Index 187.2 166.5
Commercial Rent ($/sqft/yr) $40 - $120 $30 - $85
Labor Rate Index 1.45 1.35
Sales Tax 8.875% 9.5%
Minimum Wage $16.00/hr $16.78/hr
LLC Filing Fee $200 $70

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