Coworking Space Startup Cost Comparison

Goodyear, AZ vs Los Angeles, CA

Goodyear, AZ

$65,000 - $313,000

COL Index: 100.8

VS

Los Angeles, CA

$141,000 - $676,000

COL Index: 166.5

Detailed Cost Comparison

Expense Goodyear, AZ Los Angeles, CA Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$33,900 - $169,600 $100,000 - $500,000 -66%
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)
$15,100 - $50,400 $25,000 - $83,300 -40%
Total Estimated Cost $65,000 - $313,000 $141,000 - $676,000 -54%

Local Market Factors

Factor Goodyear Los Angeles
Cost of Living Index 100.8 166.5
Commercial Rent ($/sqft/yr) $13 - $26 $30 - $85
Labor Rate Index 0.95 1.35
Sales Tax 8.8% 9.5%
Minimum Wage $14.35/hr $16.78/hr
LLC Filing Fee $50 $70

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