Videography Business Startup Cost Comparison

Honolulu, HI vs Los Angeles, CA

Honolulu, HI

$17,000 - $79,000

COL Index: 192.5

VS

Los Angeles, CA

$17,000 - $81,000

COL Index: 166.5

Detailed Cost Comparison

Expense Honolulu, HI Los Angeles, CA Difference
Business Registration & Licenses
$2,600 - $9,700 $4,000 - $14,400 -33%
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)
$3,900 - $19,300 $3,300 - $16,700 +16%
Total Estimated Cost $17,000 - $79,000 $17,000 - $81,000 -2%

Local Market Factors

Factor Honolulu Los Angeles
Cost of Living Index 192.5 166.5
Commercial Rent ($/sqft/yr) $30 - $75 $30 - $85
Labor Rate Index 1.3 1.35
Sales Tax 4.5% 9.5%
Minimum Wage $14.00/hr $16.78/hr
LLC Filing Fee $50 $70

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