Veterinary Clinic Startup Cost Comparison

Olympia, WA vs Miami, FL

Olympia, WA

$281,000 - $1,691,000

COL Index: 110.5

VS

Miami, FL

$380,000 - $2,460,000

COL Index: 128.3

Detailed Cost Comparison

Expense Olympia, WA Miami, FL Difference
Licensing & DEA Registration
$3,000 - $15,000 $3,000 - $15,000 Same
Clinic Space & Build-Out
$104,300 - $834,800 $195,700 - $1,565,200 -47%
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
$21,000 - $105,000 $21,600 - $108,000 -3%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$44,200 - $221,000 $51,300 - $256,600 -14%
Total Estimated Cost $281,000 - $1,691,000 $380,000 - $2,460,000 -31%

Local Market Factors

Factor Olympia Miami
Cost of Living Index 110.5 128.3
Commercial Rent ($/sqft/yr) $16 - $32 $25 - $65
Labor Rate Index 1.05 1.08
Sales Tax 9% 7%
Minimum Wage $16.28/hr $13.00/hr
LLC Filing Fee $180 $125

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