Candy Shop Startup Cost Comparison
Racine, WI vs Los Angeles, CA
Racine, WI
$18,000 - $91,000
COL Index: 89.5
VS
Los Angeles, CA
$32,000 - $154,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Racine, WI | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$4,000 - $20,200 | $15,000 - $75,000 | -73% |
|
Equipment & Fixtures
|
$5,000 - $25,000 | $5,000 - $25,000 | Same |
|
Initial Inventory & Supplies
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Business Insurance (Annual)
|
$2,000 - $12,000 | $2,000 - $12,000 | Same |
|
Marketing & Grand Opening
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$2,700 - $9,000 | $5,000 - $16,700 | -46% |
| Total Estimated Cost | $18,000 - $91,000 | $32,000 - $154,000 | -41% |
Local Market Factors
| Factor | Racine | Los Angeles |
|---|---|---|
| Cost of Living Index | 89.5 | 166.5 |
| Commercial Rent ($/sqft/yr) | $9 - $22 | $30 - $85 |
| Labor Rate Index | 0.83 | 1.35 |
| Sales Tax | 5.5% | 9.5% |
| Minimum Wage | $7.25/hr | $16.78/hr |
| LLC Filing Fee | $130 | $70 |
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