Public Policy Institute of New York State, Inc. The Public Policy Institute of New York State, Inc.

Just the Facts - Key Economic and Social Indicators for New York State

Milken institute 2007 cost-of-doing-business index

Rank
State
Total
Score
Rank,
Wage Cost
Rank,
Tax Burden
Rank,
Electricity Cost
Rank,
Industrial Rent
Rank,
Office Rent
1
 Hawaii
151.5
22
2
1
1
4
2
 NEW YORK
130.9
2
26
8
4
1
3
 Alaska
130.8
12
4
6
2
36
4
 Massachusetts
130.6
3
29
2
7
2
5
 Connecticut
127.5
1
21
5
14
11
6
 California
122.9
5
12
9
5
3
7
 New Jersey
120.9
4
35
11
3
9
8
 Vermont
110.2
34
1
10
25
33
9
 Delaware
110.1
6
9
25
22
14
10
 Rhode Island
108
20
23
4
37
8
11
 Maryland
106.4
7
40
12
24
12
12
 New Hampshire
105.3
16
50
3
11
47
13
 Minnesota
104.3
15
8
36
9
32
14
 Nevada
104.2
18
27
15
13
6
15
 Washington
102.7
10
24
40
12
5
16
 Wyoming
101.6
31
3
45
6
44
17
 Maine
100.3
42
10
7
30
40
18
 Illinois
99.9
8
43
32
19
7
19
 Florida
99.3
23
42
14
8
10
20
 Michigan
98.9
14
22
19
27
26
21
 Pennsylvania
97.2
17
33
18
28
16
22
 New Mexico
96.6
38
7
23
18
38
23
 Wisconsin
96.4
30
19
21
10
17
24
 Texas
95.9
13
48
13
23
28
25
 Virginia
95.6
9
41
42
21
18
26
 Louisiana
93.9
32
17
16
38
39
27
 Colorado
92.8
11
47
20
31
21
28
 Arizona
91.6
21
38
29
35
13
29
 Oregon
91.4
25
36
37
15
15
30
 Ohio
91
24
32
22
44
24
31
 North Carolina
90.8
26
18
30
34
30
32
 Georgia
90.7
19
44
26
39
20
33
 Utah
90.1
35
15
46
16
19
34
 Mississippi
88.4
48
14
17
33
45
35
 Kentucky
87.3
37
11
47
41
37
36
 Indiana
87.3
29
28
35
36
35
37
 West Virginia
87.1
44
5
49
42
29
38
 Kansas
86.8
36
30
38
29
23
39
 Alabama
85.8
33
39
31
26
34
40
 Oklahoma
85.4
40
25
24
45
41
41
 Arkansas
85.4
46
6
39
49
48
42
 Tennessee
85.2
27
45
27
40
31
43
 Missouri
84.6
28
46
48
17
25
44
 Montana
84.1
49
16
28
32
42
45
 South Carolina
82.9
39
37
34
43
27
46
 Idaho
82.8
45
20
50
20
43
47
 Nebraska
82.3
41
31
44
46
22
48
 North Dakota
81.3
47
13
43
48
46
49
 Iowa
79.7
43
34
33
50
50
50
 South Dakota
70.2
50
49
41
47
49
Source: Milken Institute