Videography Business Startup Cost Comparison
Kansas City, MO vs Chicago, IL
Kansas City, MO
$13,000 - $64,000
COL Index: 94.5
VS
Chicago, IL
$18,000 - $72,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Kansas City, MO | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$900 - $4,100 | $5,600 - $10,900 | -70% |
|
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 - $9,500 | $2,200 - $10,800 | -12% |
| Total Estimated Cost | $13,000 - $64,000 | $18,000 - $72,000 | -14% |
Local Market Factors
| Factor | Kansas City | Chicago |
|---|---|---|
| Cost of Living Index | 94.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $32 | $25 - $65 |
| Labor Rate Index | 0.9 | 1.15 |
| Sales Tax | 9.6% | 10.25% |
| Minimum Wage | $13.75/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
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