Veterinary Clinic Startup Cost Comparison

Tacoma, WA vs Chicago, IL

Tacoma, WA

$298,000 - $1,816,000

COL Index: 118.5

VS

Chicago, IL

$375,000 - $2,426,000

COL Index: 107.8

Detailed Cost Comparison

Expense Tacoma, WA Chicago, IL Difference
Licensing & DEA Registration
$3,000 - $15,000 $5,600 - $15,000 -13%
Clinic Space & Build-Out
$117,400 - $939,100 $195,700 - $1,565,200 -40%
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 $23,000 - $115,000 -4%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$47,400 - $237,000 $43,100 - $215,600 +10%
Total Estimated Cost $298,000 - $1,816,000 $375,000 - $2,426,000 -25%

Local Market Factors

Factor Tacoma Chicago
Cost of Living Index 118.5 107.8
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 1.1 1.15
Sales Tax 10.2% 10.25%
Minimum Wage $16.28/hr $15.80/hr
LLC Filing Fee $180 $150

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