Therapist Private Practice Startup Cost Calculator

Private practice startup cost calculator

This calculator was made with YOU in mind. That is why you can toggle any item on or off. If you aren't sure about the cost in your area go ahead and use the average provided. Virtual practice? Planning to be self-pay? Already have a computer? We got you! Make this calculator your own. You can even add an item if we forgot something. Now let's get clear on what your startup cost actually is!
Business Basics $0
ItemAverageYour Cost
LLC Filing
One-time state fee
$150
$
Business License
Only required in some states
$75
$
Liability Insurance
Per month
$60
$
Health Insurance
Per month, self-employed
$450
$
Biller / Credentialing Company
One-time setup cost
$300
$
Office Space $0
ItemAverageYour Cost
Security Deposit
Typically 1–2 months rent
$1,500
$
Monthly Rent / Sublease
Per month
$1,200
$
Décor & Furnishings
Couch, chairs, rugs, art
$2,500
$
Computer
$1,200
$
Printer
$200
$
Office Supplies
Paper, pens, folders
$100
$
White Noise Machine
$50
$
Technology $0
ItemAverageYour Cost
EHR System
e.g. SimplePractice, per month
$80
$
Domain Name
Annual fee
$20
$
Website Template
One-time purchase
$200
$
Website Hosting
Per month
$20
$
Directory Listing
e.g. Psychology Today, per month
$30
$
Marketing
Ads, social, print — per month
$100
$
Add your own $0
ItemYour Cost
Your estimated startup costs
One-time costs
$0
Monthly costs
$0
Total to launch $0
How many sessions do you need to cover your costs?
$
$
Sessions / month
to hit income goal
Sessions / week
across 4 weeks
Months to break even
on startup costs
Enter your session rate and target income above to see how quickly you can cover your costs.
Learn how to open your practice step-by-step while earning 6 CEs →