Veterinary Clinic Startup Cost Comparison

Portland, ME vs Los Angeles, CA

Portland, ME

$282,000 - $1,697,000

COL Index: 114.2

VS

Los Angeles, CA

$456,000 - $2,998,000

COL Index: 166.5

Detailed Cost Comparison

Expense Portland, ME Los Angeles, CA Difference
Licensing & DEA Registration
$3,000 - $15,000 $4,000 - $15,000 -5%
Clinic Space & Build-Out
$104,300 - $834,800 $250,000 - $2,000,000 -58%
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
$20,800 - $104,000 $27,000 - $135,000 -23%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$45,700 - $228,400 $66,600 - $333,000 -31%
Total Estimated Cost $282,000 - $1,697,000 $456,000 - $2,998,000 -43%

Local Market Factors

Factor Portland Los Angeles
Cost of Living Index 114.2 166.5
Commercial Rent ($/sqft/yr) $16 - $32 $30 - $85
Labor Rate Index 1.04 1.35
Sales Tax 5.5% 9.5%
Minimum Wage $14.15/hr $16.78/hr
LLC Filing Fee $175 $70

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