Magazine article Risk Management

Cheapest Cities for Doing Business

Magazine article Risk Management

Cheapest Cities for Doing Business

Article excerpt

Each year, KPMG conducts its exhaustive "Competitive Alternates" study to determine the most cost-effective places to do business. Globally, the United States is a more expensive nation to conduct business in than all of the countries included aside from Germany and Japan. But many multinationals cannot always pick and chose the nations in which they operate. Domestically, however, cost can have a huge impact on where offices are set up. The following are the 10 cheapest large cities in which to do business in the United States (when measured by 26 significant cost components that include labor, taxes, real estate and utilities over a 10-year planning horizon) with the index numbers representing how the city stacks up as a percentage of average costs in the provide a baseline of 100%.--JW

1. Tampa

96.0

Tampa is a cost haven for most all sectors, but emerging industries are really seeing benefits. Call centers and communications firms here pay around 90% of the national average. Throw in the gorgeous bay weather, and it's a great place to call home.

2. Atlanta

96.3

3. Miami

97.0

4. Baltimore

97.1

The epic television series The Wire famously profiled the decay of the traditional marine and manufacturing business in this port city, but insurance and biotech companies have all been taking advantage of the savings and setting up shoo

5. …

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