Iowa is consistently ranked one of the lowest cost state for doing business by CNBC. Utilities, health care, wages, lease rates are just a few operating costs that make Iowa a strategic choice to establish a business.
5th lowest Cost of Doing Business among the 50 U.S. states (CNBC 2012)
Lower wages – 15% less than U.S. average
Low electricity rates – 21% less than U.S. average
Industrial lease rates – 24% below U.S. average
Lower insurance costs – health insurance costs 5% to 10% less than U.S. averages