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Cost of Doing Business Print E-mail

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

 

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