Jewelry Store Startup Cost Comparison

Corona, CA vs Los Angeles, CA

Corona, CA

$35,000 - $166,000

COL Index: 112.5

VS

Los Angeles, CA

$71,000 - $342,000

COL Index: 166.5

Detailed Cost Comparison

Expense Corona, CA Los Angeles, CA Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$17,400 - $87,000 $50,000 - $250,000 -65%
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)
$8,400 - $28,100 $12,500 - $41,600 -33%
Total Estimated Cost $35,000 - $166,000 $71,000 - $342,000 -51%

Local Market Factors

Factor Corona Los Angeles
Cost of Living Index 112.5 166.5
Commercial Rent ($/sqft/yr) $14 - $26 $30 - $85
Labor Rate Index 1.02 1.35
Sales Tax 8.75% 9.5%
Minimum Wage $16.00/hr $16.78/hr
LLC Filing Fee $70 $70

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