Videography Business Startup Cost Comparison

Orlando, FL vs Chicago, IL

Orlando, FL

$14,000 - $67,000

COL Index: 104.2

VS

Chicago, IL

$18,000 - $72,000

COL Index: 107.8

Detailed Cost Comparison

Expense Orlando, FL Chicago, IL Difference
Business Registration & Licenses
$1,900 - $6,100 $5,600 - $10,900 -52%
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)
$2,100 - $10,400 $2,200 - $10,800 -4%
Total Estimated Cost $14,000 - $67,000 $18,000 - $72,000 -10%

Local Market Factors

Factor Orlando Chicago
Cost of Living Index 104.2 107.8
Commercial Rent ($/sqft/yr) $17 - $42 $25 - $65
Labor Rate Index 0.98 1.15
Sales Tax 6.5% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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