Jewelry Store Startup Cost Comparison

Boulder, CO vs Los Angeles, CA

Boulder, CO

$60,000 - $290,000

COL Index: 148.2

VS

Los Angeles, CA

$71,000 - $342,000

COL Index: 166.5

Detailed Cost Comparison

Expense Boulder, CO Los Angeles, CA Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$40,400 - $202,200 $50,000 - $250,000 -19%
Initial Supplies & Inventory
$7,500 - $37,500 $7,500 - $37,500 Same
Business Insurance (Annual)
$500 - $5,000 $500 - $5,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$11,100 - $37,100 $12,500 - $41,600 -11%
Total Estimated Cost $60,000 - $290,000 $71,000 - $342,000 -15%

Local Market Factors

Factor Boulder Los Angeles
Cost of Living Index 148.2 166.5
Commercial Rent ($/sqft/yr) $28 - $65 $30 - $85
Labor Rate Index 1.32 1.35
Sales Tax 9.045% 9.5%
Minimum Wage $14.42/hr $16.78/hr
LLC Filing Fee $50 $70

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