Videography Business Startup Cost Comparison
Amarillo, TX vs New York, NY
Amarillo, TX
$13,000 - $63,000
COL Index: 85.5
VS
New York, NY
$19,000 - $86,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Amarillo, TX | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,300 - $4,200 | $5,300 - $17,100 | -75% |
|
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)
|
$1,700 - $8,600 | $3,700 - $18,700 | -54% |
| Total Estimated Cost | $13,000 - $63,000 | $19,000 - $86,000 | -28% |
Local Market Factors
| Factor | Amarillo | New York |
|---|---|---|
| Cost of Living Index | 85.5 | 187.2 |
| Commercial Rent ($/sqft/yr) | $10 - $20 | $40 - $120 |
| Labor Rate Index | 0.84 | 1.45 |
| Sales Tax | 8.25% | 8.875% |
| Minimum Wage | $7.25/hr | $16.00/hr |
| LLC Filing Fee | $300 | $200 |
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