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.

  • 6th lowest Cost of Doing Business among  the 50 U.S. states  (CNBC 2015)
  • Lower wages – 18.2% less than U.S. average
  • Low electricity rates – 21% less than U.S. average
  • Construction costs - 18% below the U.S. average
  • Lower insurance costs – health insurance costs 5% to 10% less than U.S. averages