Labor Costs. Labor costs are rolled up into the cost of the rest of the project for the purpose of figuring deductions and depreciation. The IRS considers labor costs on improvements and renovations to be a capital expense.
According to a 2014 GAO study, Milwaukee has some of the country's highest health care costs. A total hip replacement costs up to $11,000 more in that city's hospitals than in those of Minneapolis, Boston, Cleveland or St. Louis. Similarly, placement of a coronary stent costs up to $13,000 more in Milwaukee than in most other markets.
How much does a hip replacement cost? In the United States, the cost of a hip replacement can vary wildly from state to state. In Birmingham, Alabama, for instance, a hip replacement can be found for approximately $20,000, whilst in New York the average cost of a hip replacement is closer to $60,000. Huge price fluctuations can also be seen in states like Massachusetts, where a variation of as much as 313% can be found.