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CNBC ranks Iowa #2 for lowest cost of business

August 10, 2016

The 2016 Best States for Business report from CNBC reveals that doing business in Iowa is less expensive than it is in 48 other states. Not bad for a state that also has a top 6 workforce and a top-tier quality of life. Here’s three reasons why operating in Iowa is cost effective:

Electricity is more affordable

Iowa Electricity Costs

Lease rates and construction costs are way below the national average Construction Costs

Labor is more affordable because cost of living is lower Iowa average wage



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Iowa Economic Development Authority
200 East Grand Avenue
Des Moines, Iowa 50309
Phone: 1.515.348.6200
email: Email Us

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