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

RELATIVE COST OF DOING BUSINESS
(ranked by overall cost of doing business)

Overall
Rank		 State Index Score   Labor Index
Rank

Labor

Cost
Index

   Energy
Index
Rank

Energy Cost

Index

   State and
Local Tax
Index Rank		 State and
Local Tax Index
1
 Massachusetts
121.6
  
1
119.5
  
4
148.9
  
26
96.1
2
 California
117.0
6
109.1
2
160.9
8
110
3
 New Jersey
116.0
3
113.7
8
137.1
18
101.9
4
 Hawaii
113.5
36
94.3
1
204.2
3
121.8
5
 Michigan
113.2
2
116.7
14
102.6
15
103.3
6
 Connecticut
111.6
7
108.6
9
135.6
23
98.3
7
 Maine
110.1
13
104.5
11
129.7
2
122.4
8
 Vermont
108.6
19
101.7
5
147.2
17
102.5
9
 NEW YORK
105.9
28
97.8
10
132.5
1
126.8
10
 Alaska
105.7
26
99.2
7
142.2
20
100
11
 Maryland
104.6
4
110.0
29
84.6
30
94.9
12
 Colorado
103.7
5
109.9
39
80.7
41
91
13
 Florida
103.7
10
106.9
21
95.4
39
91.9
14
 Pennsylvania
103.4
15
103.8
13
109.3
38
91.9
15
 West Virginia
103.2
9
107.5
45
73.7
4
114.9
16
 Washington
103.1
8
107.5
43
78
12
107.8
17
 Illinois
103.0
12
104.5
16
101.2
29
95
18
 Nevada
102.2
22
100.9
12
115
34
93.1
19
 Ohio
101.8
21
101.2
18
99.1
7
110.5
20
 Minnesota
101.7
14
104.2
30
84.5
9
109
21
 Wisconsin
100.1
20
101.5
31
84.3
6
113
22
 Arizona
99.9
25
99.6
15
102.4
24
97.9
23
 Virginia
99.3
11
104.6
38
80.8
42
87.8
24
 New Hampshire
99.2
42
90.5
3
157.9
50
75.9
25
 Mississippi
98.3
24
100.3
23
88.2
22
98.4
26
 South Carolina
98.0
17
101.8
34
82.4
37
92.6
27
 Kansas
97.9
23
100.5
27
85.6
25
97.3
28
 Missouri
97.9
16
102.7
37
81.2
43
87.3
29
 Indiana
97.2
18
101.7
42
78.4
40
91.9
30
 Rhode Island
97.2
46
86.1
6
146.4
13
106.8
31
 Texas
97.1
27
99.0
20
96.8
47
82.5
32
 Georgia
95.4
29
97.5
25
86.3
33
93.8
33
 Montana
94.8
30
96.7
41
79.5
16
103.1
34
 Louisiana
94.4
38
93.7
19
98.2
32
94.1
35
 Utah
94.3
32
96.7
47
72.6
11
108.7
36
 Nebraska
93.0
31
96.7
46
72.6
28
96
37
 Arkansas
92.8
37
94.2
32
83.7
27
96.1
38
 Idaho
92.8
34
95.1
48
70.6
10
109
39
 Iowa
92.6
39
93.2
28
84.9
21
99.6
40
 Alabama
92.0
35
95.0
33
83.4
48
82.5
41
 Tennessee
91.8
33
96.6
44
77.8
49
77.3
42
 Oregon
91.0
41
91.1
40
80.1
14
106.4
43
 Delaware
90.4
40
92.0
26
86.3
46
85
44
 North Carolina
89.7
43
89.9
24
86.4
35
92.8
45
 North Dakota
89.0
45
87.0
35
82.4
5
113.5
46
 Oklahoma
87.5
44
88.0
36
81.3
36
92.6
47
 Kentucky
83.8
47
85.9
50
66.1
31
94.8
48
 South Dakota
80.8
49
78.0
22
90.5
44
87.1
49
 Wyoming
79.9
48
80.7
49
70
45
87
50
 New Mexico
73.1
50
64.0
17
99.9
19
101.3
Economy.com's overall State Cost of Doing Business Index includes labor, energy and tax costs.
Source: North American Business Cost Review, prepared by Economy.com, Inc.