Videography Business Startup Cost Comparison

Albany, NY vs Los Angeles, CA

Albany, NY

$14,000 - $68,000

COL Index: 93.6

VS

Los Angeles, CA

$17,000 - $81,000

COL Index: 166.5

Detailed Cost Comparison

Expense Albany, NY Los Angeles, CA Difference
Business Registration & Licenses
$2,400 - $8,200 $4,000 - $14,400 -42%
Camera & Video Equipment
$4,000 - $20,000 $4,000 - $20,000 Same
Audio Equipment
$1,000 - $5,000 $1,000 - $5,000 Same
Lighting & Grip Equipment
$1,500 - $8,000 $1,500 - $8,000 Same
Editing Computer & Software
$2,000 - $8,000 $2,000 - $8,000 Same
Business & Equipment Insurance (Annual)
$600 - $3,000 $600 - $3,000 Same
Marketing & Portfolio Website
$1,000 - $6,000 $1,000 - $6,000 Same
Working Capital (3 Months)
$1,900 - $9,400 $3,300 - $16,700 -44%
Total Estimated Cost $14,000 - $68,000 $17,000 - $81,000 -16%

Local Market Factors

Factor Albany Los Angeles
Cost of Living Index 93.6 166.5
Commercial Rent ($/sqft/yr) $10 - $22 $30 - $85
Labor Rate Index 0.94 1.35
Sales Tax 8% 9.5%
Minimum Wage $15.00/hr $16.78/hr
LLC Filing Fee $200 $70

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