Videography Business Startup Cost Comparison

Provo, UT vs Los Angeles, CA

Provo, UT

$13,000 - $65,000

COL Index: 102.5

VS

Los Angeles, CA

$17,000 - $81,000

COL Index: 166.5

Detailed Cost Comparison

Expense Provo, UT Los Angeles, CA Difference
Business Registration & Licenses
$1,100 - $4,900 $4,000 - $14,400 -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)
$2,100 - $10,300 $3,300 - $16,700 -38%
Total Estimated Cost $13,000 - $65,000 $17,000 - $81,000 -20%

Local Market Factors

Factor Provo Los Angeles
Cost of Living Index 102.5 166.5
Commercial Rent ($/sqft/yr) $14 - $30 $30 - $85
Labor Rate Index 0.95 1.35
Sales Tax 7.25% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $54 $70

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