Starting a side hustle doesn’t have to break the bank. In fact, some of the most profitable side hustles require minimal upfront investment—you just need time, effort, and the right tools to get started. Whether you’re looking to earn extra income or build something more substantial, low-cost side hustles are a great way to test the waters of entrepreneurship.
In this guide, we’ll cover five side hustles with low start-up costs, their potential earnings, and the additional costs you need to consider to get started.
How Much Does It Cost to Start a Side Hustle?
The cost of starting a side hustle varies depending on the business model and tools you need. On average, you can start many side hustles for as little as $100–$500. Key expenses to consider include:
- Web Hosting: $30 – $60/year for shared hosting if you need a website.
- Payment Processing Fees: Typically 2-3% per transaction.
- Marketing Tools: Optional costs for ads, design software, or scheduling tools.
- Software Subscriptions: Depending on the hustle, you may need video editing, graphic design, or project management tools, which can cost $10–$30/month.
The beauty of side hustles is that you can scale your investments as you grow. Start small, invest strategically, and reinvest earnings back into your business for growth.
1. Freelance Writing
If you have a knack for words, freelance writing is a side hustle with virtually no upfront investment. Businesses, blogs, and startups are always looking for skilled writers to create content, from blog posts to newsletters.
How to Start:
- Sign up on platforms like Upwork or Fiverr.
Key Features
A marketplace for freelance services across various industries
Wide range of affordable service options, starting at $5
Secure payment system with buyer and seller protection
Why We Recommend It
Offers a diverse range of freelance services, from graphic design to writing, at competitive prices
Provides a straightforward platform for businesses to find skilled professionals quickly
Ensures secure transactions and buyer protection for peace of mind
Pros & Cons
- Affordable services with flexible pricing
- Easy-to-use platform for finding freelancers
- Strong buyer and seller protection features
- The quality of services may vary between freelancers
- Some services may come with additional fees for extras or expedited delivery
- Create a portfolio of writing samples (you can use free tools like Canva or Kittl to make it look professional).
Starting from $15/month
Key Features
Extensive library of design templates and elements
Easy drag-and-drop interface
Collaboration tools for teams
Why We Recommend It
- Allows for quick and professional designs with minimal effort
- Facilitates teamwork on design projects with real-time collaboration
- Suitable for users of all skill levels
Pros & Cons
- Highly user-friendly
- Wide range of templates and design options
- Free tier available with extensive features
- Advanced features require a paid subscription
- Limited customization compared to professional design tools
Starting from $10/month
Get up to 33% off on annual plan
Key Features
User-friendly design tools for creating custom graphics
Wide range of templates for various design needs
Access to high-quality fonts, icons, and illustrations
Why We Recommend It
Offers an intuitive platform for creating professional designs without the need for advanced skills
Provides a large library of templates, making it easy to get started on any design project
Features a variety of assets like fonts and illustrations to enhance your designs.
Pros & Cons
- Easy-to-use design tools with drag-and-drop functionality
- High-quality design assets are available
- Ideal for both beginners and experienced designers
- Limited advanced features for professional designers
- Some premium features and assets require a paid plan
Potential Earnings: $20–$100+ per article, depending on your niche and experience.
Other Costs to Consider:
- Web Hosting: If you want to create a portfolio website, shared hosting costs around $30 – $60/year. We recommend Hostinger or Squarespace for a portfolio website starting at $2-$3/month.
Starting from $2.49/month
Launch your website from US$ 2.49 /mo + 3 extra months & free domain
Key Features
Extremely affordable
User-friendly control panel
LiteSpeed Cache for faster loading times
Why We Recommend It
Storage and Bandwidth:
30 GB SSD storage
100 GB bandwidth
Extras:
Free SSL certificate
Pros & Cons
- Low starting price
- Good performance for the price
- No free domain in the lowest-tier plan
- Support can be slow during peak times
Starting from $23/month
Key Features
Beautiful, award-winning design templates
Built-in SEO and analytics tools
Mobile-optimized right out of the box
Why We Recommend It
Storage and Bandwidth:
Unlimited storage and bandwidth, allowing for extensive product listings and high traffic volumes without additional charges
Extras and Inclusions:
Mobile-optimized checkout to ensure a seamless shopping experience on smartphones and tablets
Built-in analytics to track visitor behavior and sales trends
Inventory, orders, tax, and customer management are integrated into the platform
Pros & Cons
- Beautiful, design-focused templates
- Easy-to-use drag-and-drop interface
- There are no transaction fees on sales
- Limited e-commerce features compared to Shopify
- Fewer payment gateway options
- Payment Processing: Platforms like PayPal charge around 2.9% per transaction.
2. Social Media Management
Every business needs a social media presence, but not every business owner has the time or expertise to manage it. If you’re good at creating engaging posts and analyzing trends, this side hustle could be for you.
How to Start:
- Offer your services to local businesses or small brands.
- Use tools like Semrush Social or Later to schedule and analyze posts.
Potential Earnings: $300–$1,000+/month per client, depending on the scope of work.
Other Costs to Consider:
- Social Media Management Tools: Platforms like Semrush Social start at $29.99/month.
- Graphic Design Software: Use free tools like Canva or upgrade to Canva Pro for $12.99/month.
Starting from $15/month
Key Features
Extensive library of design templates and elements
Easy drag-and-drop interface
Collaboration tools for teams
Why We Recommend It
- Allows for quick and professional designs with minimal effort
- Facilitates teamwork on design projects with real-time collaboration
- Suitable for users of all skill levels
Pros & Cons
- Highly user-friendly
- Wide range of templates and design options
- Free tier available with extensive features
- Advanced features require a paid subscription
- Limited customization compared to professional design tools
3. Content Creation (YouTube or TikTok)
If you’re comfortable in front of a camera, becoming a content creator can be both fun and profitable. With platforms like YouTube and TikTok, you can monetize your content through ad revenue, sponsorships, and product sales.
How to Start:
- Pick a niche (e.g., fitness, personal finance, lifestyle).
- Use your phone or a basic camera to create videos.
Potential Earnings: $100–$10,000/month, depending on your audience size and monetization strategy.
Other Costs to Consider:
- Web Hosting: If you create a personal website to promote your content, expect to pay $30–$60/year. We recommend Hostinger or Bluehost for a portfolio website starting at $2-$3/month.
Starting from $2.49/month
Launch your website from US$ 2.49 /mo + 3 extra months & free domain
Key Features
Extremely affordable
User-friendly control panel
LiteSpeed Cache for faster loading times
Why We Recommend It
Storage and Bandwidth:
30 GB SSD storage
100 GB bandwidth
Extras:
Free SSL certificate
Pros & Cons
- Low starting price
- Good performance for the price
- No free domain in the lowest-tier plan
- Support can be slow during peak times
Starting from $1.99/month
Key Features
Recommended by Wordpress
One-click WordPress
Free Domain name for the first year
Why We Recommend It
Storage and Bandwidth:
50 GB SSD storage
Unmetered bandwidth
Extras:
Free SSL certificate
Pros & Cons
- User-friendly for beginners
- Good customer support
- Renewal rates can be high
- Site migrations are not free
- Video Editing Software: Use free tools like iMovie or invest in paid software like Adobe Premiere Pro for $20.99/month.
- Payment Processing: Platforms like Patreon or Ko-fi may take a small cut of your earnings.
4. Dropshipping
Dropshipping allows you to sell products online without holding inventory. With this business model, you act as the middleman—when someone places an order, the supplier ships the product directly to the customer.
How to Start:
- Create an online store using platforms like Shopify or WooCommerce.
- Find products on dropshipping marketplaces like Zendrop or Sprocket.
Potential Earnings: $500–$5,000+/month, depending on the niche and marketing strategy.
Other Costs to Consider:
- Web Hosting: Shopify plans start at $29/month, while WooCommerce hosting can cost $100/year. Start a free trial with Shopify + 3 months for $1/month or WooCoomerce + Hostinger from US$ 3.49 /mo + 3 extra months.
Starting from $17/month
Sign up for a free trial and enjoy 3 months of Shopify for $1/month on select plans
Key Features
AI-powered product recommendations and marketing
Advanced fulfillment and inventory management
Seamless omnichannel selling
Why We Recommend It
Storage and Bandwidth:
Unlimited storage allows you to upload as many products and images as needed
Unlimited bandwidth means your site can handle many visitors and lots of activity without slowing down
Extras and Inclusions:
Secure, integrated payment gateway, with transaction fees waived if you use Shopify Payments
Access to an extensive app store to add features and functionality
Built-in tools for SEO, marketing, and analytics
Pros & Cons
- Comprehensive store management tools
- Wide range of themes and apps
- Excellent 24/7 customer support
- It can get expensive with additional apps and transaction fees
- Limited SEO capabilities compared to other platforms
Starting at $3.99/mo
Get WooCommerce hosting from $3.99 /mo + 3 extra months
Key Features
Managed hosting optimized for WooCommerce, ensuring fast and secure online stores.
Includes a free domain, unlimited SSL certificates, and up to 100 professional email addresses.
24/7 priority customer support with expert eCommerce technical assistance.
Why We Recommend It
Hostinger’s WooCommerce hosting simplifies launching and managing an online store by offering optimized performance, essential tools, and dedicated support, making it ideal for businesses aiming to grow their eCommerce presence.
Pros & Cons
- Quick setup with one-click WooCommerce installation
- High uptime and performance with LiteSpeed web servers and Object Cache
- Scalable plans to accommodate business growth
- Advanced features may require higher-tier plans
- Limited to WooCommerce; not suitable for non-WordPress platform
- Payment Processing: Shopify charges 2.9% + 30¢ per transaction.
- Marketing: Running ads on platforms like Facebook or Google could cost $100–$500/month initially.
5. Virtual Assistant Services
As a virtual assistant (VA), you can offer administrative, marketing, or customer support services to busy entrepreneurs or businesses. Tasks might include managing emails, scheduling appointments, or handling social media.
How to Start:
- List your services on platforms like Upwork or Fiverr.
Key Features
A marketplace for freelance services across various industries
Wide range of affordable service options, starting at $5
Secure payment system with buyer and seller protection
Why We Recommend It
Offers a diverse range of freelance services, from graphic design to writing, at competitive prices
Provides a straightforward platform for businesses to find skilled professionals quickly
Ensures secure transactions and buyer protection for peace of mind
Pros & Cons
- Affordable services with flexible pricing
- Easy-to-use platform for finding freelancers
- Strong buyer and seller protection features
- The quality of services may vary between freelancers
- Some services may come with additional fees for extras or expedited delivery
- Market yourself on LinkedIn or join VA-focused Facebook groups.
Potential Earnings: $15–$50/hour, depending on your skills and services.
Other Costs to Consider:
- Web Hosting: If you build a website to showcase your services, hosting costs around $30 – $60/year. We recommend Hostinger or Squarespace for a portfolio website starting at $2-$3/month.
Starting from $2.49/month
Launch your website from US$ 2.49 /mo + 3 extra months & free domain
Key Features
Extremely affordable
User-friendly control panel
LiteSpeed Cache for faster loading times
Why We Recommend It
Storage and Bandwidth:
30 GB SSD storage
100 GB bandwidth
Extras:
Free SSL certificate
Pros & Cons
- Low starting price
- Good performance for the price
- No free domain in the lowest-tier plan
- Support can be slow during peak times
Starting from $23/month
Key Features
Beautiful, award-winning design templates
Built-in SEO and analytics tools
Mobile-optimized right out of the box
Why We Recommend It
Storage and Bandwidth:
Unlimited storage and bandwidth, allowing for extensive product listings and high traffic volumes without additional charges
Extras and Inclusions:
Mobile-optimized checkout to ensure a seamless shopping experience on smartphones and tablets
Built-in analytics to track visitor behavior and sales trends
Inventory, orders, tax, and customer management are integrated into the platform
Pros & Cons
- Beautiful, design-focused templates
- Easy-to-use drag-and-drop interface
- There are no transaction fees on sales
- Limited e-commerce features compared to Shopify
- Fewer payment gateway options
- Project Management Tools: Tools like Trello or Asana are free, but premium plans start at $10/month.
Final Thoughts
Starting a side hustle doesn’t require a huge budget—what matters most is your willingness to learn and put in the effort. From freelance writing to dropshipping, these low-cost side hustles can help you build extra income while keeping your start-up costs manageable. When budgeting for your side hustle, remember to account for additional expenses like web hosting, payment processing fees, and software subscriptions. These small investments can make a big difference in the long run.