Drone Business Startup Cost Comparison

Charleston, SC vs Chicago, IL

Charleston, SC

$5,000 - $41,000

COL Index: 110.8

VS

Chicago, IL

$9,000 - $45,000

COL Index: 107.8

Detailed Cost Comparison

Expense Charleston, SC Chicago, IL Difference
FAA Certification & Business License
$1,400 - $6,300 $5,600 - $10,900 -53%
Drones & Camera Equipment
$1,500 - $20,000 $1,500 - $20,000 Same
Software & Editing
$300 - $3,000 $300 - $3,000 Same
Drone Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Portfolio
$500 - $5,000 $500 - $5,000 Same
Working Capital (2 Months)
$600 - $3,300 $500 - $3,200 +5%
Total Estimated Cost $5,000 - $41,000 $9,000 - $45,000 -15%

Local Market Factors

Factor Charleston Chicago
Cost of Living Index 110.8 107.8
Commercial Rent ($/sqft/yr) $18 - $40 $25 - $65
Labor Rate Index 1.06 1.15
Sales Tax 9% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $110 $150

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