Videography Business Startup Cost Comparison

Helena, MT vs Chicago, IL

Helena, MT

$13,000 - $64,000

COL Index: 98.5

VS

Chicago, IL

$18,000 - $72,000

COL Index: 107.8

Detailed Cost Comparison

Expense Helena, MT Chicago, IL Difference
Business Registration & Licenses
$1,100 - $4,300 $5,600 - $10,900 -67%
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)
$2,000 - $9,900 $2,200 - $10,800 -8%
Total Estimated Cost $13,000 - $64,000 $18,000 - $72,000 -14%

Local Market Factors

Factor Helena Chicago
Cost of Living Index 98.5 107.8
Commercial Rent ($/sqft/yr) $10 - $20 $25 - $65
Labor Rate Index 0.9 1.15
Sales Tax 0% 10.25%
Minimum Wage $10.30/hr $15.80/hr
LLC Filing Fee $70 $150

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