Welding Business Startup Cost Comparison

Newport News, VA vs Los Angeles, CA

Newport News, VA

$19,000 - $108,000

COL Index: 95.2

VS

Los Angeles, CA

$27,000 - $158,000

COL Index: 166.5

Detailed Cost Comparison

Expense Newport News, VA Los Angeles, CA Difference
Business Registration & Certifications
$800 - $4,500 $4,000 - $14,400 -71%
Welding Machines & Equipment
$5,000 - $30,000 $5,000 - $30,000 Same
Shop or Workspace
$1,700 - $17,400 $5,000 - $50,000 -65%
Fabrication Tools
$2,000 - $12,000 $2,000 - $12,000 Same
Safety Equipment & PPE
$500 - $2,000 $500 - $2,000 Same
Work Vehicle & Mobile Rig
$5,000 - $25,000 $5,000 - $25,000 Same
Business Insurance (Annual)
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$1,900 - $9,500 $3,300 - $16,700 -43%
Total Estimated Cost $19,000 - $108,000 $27,000 - $158,000 -31%

Local Market Factors

Factor Newport News Los Angeles
Cost of Living Index 95.2 166.5
Commercial Rent ($/sqft/yr) $12 - $28 $30 - $85
Labor Rate Index 0.88 1.35
Sales Tax 6% 9.5%
Minimum Wage $12.41/hr $16.78/hr
LLC Filing Fee $100 $70

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