Bookkeeping Service Startup Cost Comparison

Evansville, IN vs Los Angeles, CA

Evansville, IN

$3,000 - $17,000

COL Index: 83

VS

Los Angeles, CA

$3,000 - $18,000

COL Index: 166.5

Detailed Cost Comparison

Expense Evansville, IN Los Angeles, CA Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$800 - $4,000 $800 - $4,000 Same
Initial Supplies & Inventory
$300 - $1,500 $300 - $1,500 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$200 - $800 $500 - $1,700 -55%
Total Estimated Cost $3,000 - $17,000 $3,000 - $18,000 -5%

Local Market Factors

Factor Evansville Los Angeles
Cost of Living Index 83 166.5
Commercial Rent ($/sqft/yr) $8 - $18 $30 - $85
Labor Rate Index 0.82 1.35
Sales Tax 7% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $95 $70

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