Cost of Doing Business
Like the rest of Iowa, Greater Fort Dodge enjoys one of the nation’s lowest costs of doing business. Our competitive operating costs for utilities, healthcare, wages, lease rates, and other business expenses, has attracted large and small businesses to anchor themselves here.
Based on a 2015 CNBC analysis Iowa ranked 6th out of the 50 states in low business cost. And it’s no wonder: compared to national averages, our electricity rates are 20 percent lower; labor costs are 18.2 percent lower, construction costs are 18 percent lower, and health insurance rates are 5 to 10 percent lower.