Videography Business Startup Cost Comparison

Jacksonville, FL vs Miami, FL

Jacksonville, FL

$13,000 - $66,000

COL Index: 96.2

VS

Miami, FL

$15,000 - $72,000

COL Index: 128.3

Detailed Cost Comparison

Expense Jacksonville, FL Miami, FL Difference
Business Registration & Licenses
$1,400 - $6,200 $2,600 - $9,500 -37%
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 - $9,600 $2,600 - $12,800 -25%
Total Estimated Cost $13,000 - $66,000 $15,000 - $72,000 -9%

Local Market Factors

Factor Jacksonville Miami
Cost of Living Index 96.2 128.3
Commercial Rent ($/sqft/yr) $15 - $35 $25 - $65
Labor Rate Index 0.9 1.08
Sales Tax 7.5% 7%
Minimum Wage $13.00/hr $13.00/hr
LLC Filing Fee $125 $125

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