Distillery Startup Cost Comparison

Torrance, CA vs Los Angeles, CA

Torrance, CA

$116,000 - $1,071,000

COL Index: 145.7

VS

Los Angeles, CA

$140,000 - $1,294,000

COL Index: 166.5

Detailed Cost Comparison

Expense Torrance, CA Los Angeles, CA Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$54,800 - $547,800 $75,000 - $750,000 -27%
Equipment & Fixtures
$25,000 - $250,000 $25,000 - $250,000 Same
Initial Inventory & Supplies
$10,000 - $100,000 $10,000 - $100,000 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)
$21,900 - $145,700 $25,000 - $166,500 -12%
Total Estimated Cost $116,000 - $1,071,000 $140,000 - $1,294,000 -17%

Local Market Factors

Factor Torrance Los Angeles
Cost of Living Index 145.7 166.5
Commercial Rent ($/sqft/yr) $26 - $58 $30 - $85
Labor Rate Index 1.28 1.35
Sales Tax 10% 9.5%
Minimum Wage $16.00/hr $16.78/hr
LLC Filing Fee $70 $70

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