The Public Policy Institute


Table 33

Relative Cost of Doing Business, 1998

Rank

State

Amt.

 

Rank

State

Amt.

1

New Jersey

114.9

 

27

Georgia

94.1

2

Massachusetts

114.7

 

28

Indiana

93.9

3

Connecticut

112.9

 

29

Missouri

93.9

4

Hawaii

112.9

 

30

Alabama

93.4

5

NEW YORK

111.0

 

31

Kansas

93.3

6

Michigan

107.6

 

32

Utah

93.3

7

California

107.3

 

33

West Virginia

93.0

8

Maine

106.3

 

34

North Dakota

92.7

9

Vermont

105.8

 

35

Nevada

92.3

10

Pennsylvania

102.3

 

36

Louisiana

91.7

11

New Hampshire

101.7

 

37

Oregon

91.0

12

Illinois

101.5

 

38

Texas

90.8

13

Arizona

100.2

 

39

Delaware

90.3

14

Minnesota

100.1

 

40

Mississippi

88.9

15

Rhode Island

99.1

 

41

Arkansas

88.1

16

Florida

99.0

 

42

Montana

88.1

17

Alaska

98.9

 

43

Kentucky

88.0

18

Colorado

98.9

 

44

Idaho

85.9

19

Maryland

98.4

 

45

Oklahoma

85.5

20

Washington

98.4

 

46

New Mexico

85.1

21

Wisconsin

98.3

 

47

Iowa

84.3

22

Ohio

97.7

 

48

Nebraska

82.9

23

Tennessee

95.2

 

49

Wyoming

78.0

24

North Carolina

95.0

 

50

South Dakota

74.9

25

South Carolina

94.5

  U.S. average

100.0

26

Virginia

94.3

  N.Y.S. % above avg.

11.0%

Source: Dismal Sciences/RFA, Inc.
http://www.economy.com/research/

Relative business costs include unit labor costs, energy costs and tax burdens; New York is above average in all three factors.

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