News

2005 Cost of Doing Business Index – Montana 47th, Idaho 46th – (That means costs are low)

Hawaii, New York and Massachusetts are the most expensive states in the nation in which to do business, according to the 2005 Milken Institute Cost of Doing Business Index.

Hawaii, which was also number one on last year’s index, has business costs that are 43 percent higher than the national average. Second-place New York’s costs are 30 percent higher, and third-place Massachusetts has costs that are 25 percent greater than the U.S. overall. California is fourth, with costs more than 24 percent greater, and Connecticut is fifth, with costs greater than 22 percent.

The states with the lowest costs of doing business are South Dakota, 50th, with costs 28 percent below the national average, North Dakota, 49th (23 percent lower), Iowa, 48th (19 percent), Montana, 47th (19 percent) and Idaho, 46th (16 percent).

Full Story: http://www.milkeninstitute.org/research/research.taf?cat=indexes&function=detail&ID=26&type=CDB

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.