2007 Cost-of-Doing-Business Index

Based on these metrics, America’s Heartland is the place to be. The lowest cost states are (in rank order): South Dakota, Iowa, North Dakota, Nebraska, and Idaho.

Hawaii, New York and Alaska are the most expensive states for businesses, maintaining the top three spots for the second consecutive Milken Institute Cost-of-Doing-Business Index. All three states increased their year-over-year overall costs. A major factor in the rankings is the cost of electricity.

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