Veterinary Clinic Startup Cost Comparison

Yonkers, NY vs Chicago, IL

Yonkers, NY

$343,000 - $2,141,000

COL Index: 132.8

VS

Chicago, IL

$375,000 - $2,426,000

COL Index: 107.8

Detailed Cost Comparison

Expense Yonkers, NY Chicago, IL Difference
Licensing & DEA Registration
$3,600 - $15,000 $5,600 - $15,000 -10%
Clinic Space & Build-Out
$152,200 - $1,217,400 $195,700 - $1,565,200 -22%
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 $23,000 - $115,000 +11%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$53,100 - $265,600 $43,100 - $215,600 +23%
Total Estimated Cost $343,000 - $2,141,000 $375,000 - $2,426,000 -11%

Local Market Factors

Factor Yonkers Chicago
Cost of Living Index 132.8 107.8
Commercial Rent ($/sqft/yr) $22 - $48 $25 - $65
Labor Rate Index 1.28 1.15
Sales Tax 8.875% 10.25%
Minimum Wage $16.00/hr $15.80/hr
LLC Filing Fee $200 $150

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