Coworking Space Startup Cost Comparison

Athens, GA vs Los Angeles, CA

Athens, GA

$62,000 - $296,000

COL Index: 93.4

VS

Los Angeles, CA

$141,000 - $676,000

COL Index: 166.5

Detailed Cost Comparison

Expense Athens, GA Los Angeles, CA Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$31,300 - $156,500 $100,000 - $500,000 -69%
Initial Supplies & Inventory
$15,000 - $75,000 $15,000 - $75,000 Same
Business Insurance (Annual)
$500 - $10,000 $500 - $10,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$14,000 - $46,700 $25,000 - $83,300 -44%
Total Estimated Cost $62,000 - $296,000 $141,000 - $676,000 -56%

Local Market Factors

Factor Athens Los Angeles
Cost of Living Index 93.4 166.5
Commercial Rent ($/sqft/yr) $12 - $24 $30 - $85
Labor Rate Index 0.9 1.35
Sales Tax 8% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $100 $70

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