Veterinary Clinic Startup Cost Comparison

Torrance, CA vs Los Angeles, CA

Torrance, CA

$378,000 - $2,410,000

COL Index: 145.7

VS

Los Angeles, CA

$456,000 - $2,998,000

COL Index: 166.5

Detailed Cost Comparison

Expense Torrance, CA Los Angeles, CA Difference
Licensing & DEA Registration
$3,200 - $15,000 $4,000 - $15,000 -4%
Clinic Space & Build-Out
$182,600 - $1,460,900 $250,000 - $2,000,000 -27%
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
$25,600 - $128,000 $27,000 - $135,000 -5%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$58,300 - $291,400 $66,600 - $333,000 -12%
Total Estimated Cost $378,000 - $2,410,000 $456,000 - $2,998,000 -19%

Local Market Factors

Factor Torrance Los Angeles
Cost of Living Index 145.7 166.5
Commercial Rent ($/sqft/yr) $26 - $58 $30 - $85
Labor Rate Index 1.28 1.35
Sales Tax 10% 9.5%
Minimum Wage $16.00/hr $16.78/hr
LLC Filing Fee $70 $70

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