Veterinary Clinic Startup Cost Comparison

Wilmington, DE vs Chicago, IL

Wilmington, DE

$264,000 - $1,567,000

COL Index: 102.4

VS

Chicago, IL

$375,000 - $2,426,000

COL Index: 107.8

Detailed Cost Comparison

Expense Wilmington, DE Chicago, IL Difference
Licensing & DEA Registration
$3,000 - $15,000 $5,600 - $15,000 -13%
Clinic Space & Build-Out
$91,300 - $730,400 $195,700 - $1,565,200 -53%
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
$20,400 - $102,000 $23,000 - $115,000 -11%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$41,000 - $204,800 $43,100 - $215,600 -5%
Total Estimated Cost $264,000 - $1,567,000 $375,000 - $2,426,000 -35%

Local Market Factors

Factor Wilmington Chicago
Cost of Living Index 102.4 107.8
Commercial Rent ($/sqft/yr) $14 - $28 $25 - $65
Labor Rate Index 1.02 1.15
Sales Tax 0% 10.25%
Minimum Wage $13.25/hr $15.80/hr
LLC Filing Fee $90 $150

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