Cost of Doing Business

Lower Business Costs, Higher Profits

Year-in and year-out, Iowa ranks among the nation’s best states for cost of doing business. In fact, in three of the last five years, Iowa was number one in the country. Bottom line, low operational costs and a pro-business environment make Iowa a great choice for growing your business and your profitability.

Iowa consistantly ranks among the nation's lowest cost of doing business.

Iowa is a right-to-work state and payroll costs are 18.2 percent below the national average ($44,096).

Insurance employees in Iowa earn nearly 70 percent more than non-insurance counterparts throughout the state. Still, average wages for insurance jobs in Iowa are more than 15 percent lower than the U.S. industry norm.

A proactive and responsive business tax, regulatory and legal framework position Iowa among the nation’s most “business friendly” states.