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Just the Facts 1999-2000

Table 30
Relative Cost of Doing Business, 1997
Rank State Amt.   Rank State Amt.
1 Massachusetts 114.0   27 Tennessee 96.7
2 Hawaii 113.5 28 Nevada 96.3
3 New Jersey 113.0 29 Georgia 96.1
4 NEW YORK 112.9 30 Alabama 95.2
5 Connecticut 112.1 31 South Carolina 95.1
6 Michigan 110.5 32 Missouri 93.7
7 California 109.4 33 Indiana 92.9
8 Rhode Island 105.8 34 West Virginia 92.9
9 New Hampshire 104.9 35 Texas 92.1
10 Vermont 104.7 36 Kansas 92.0
11 Maine 103.8 37 Delaware 89.6
12 Utah 103.1 38 Mississippi 88.9
13 Illinois 102.3 39 Idaho 88.0
14 Minnesota 101.9 40 Arkansas 88.0
15 Colorado 101.6 41 North Dakota 88.0
16 Pennsylvania 101.6 42 Louisiana 87.9
17 Arizona 101.3 43 Kentucky 86.9
18 Florida 101.1 44 Montana 86.4
19 Maryland 100.6 45 Nebraska 85.8
20 Alaska 98.2 46 Oklahoma 85.7
21 Washington 97.7 47 Iowa 84.2
22 Virginia 97.6 48 New Mexico 83.8
23 Ohio 97.5 49 Wyoming 76.6
24 Wisconsin 97.4 50 South Dakota 70.2
25 Oregon 97.0 U.S. Average 100.0
26 North Carolina 96.7 N.Y.S. % above 12.9%
Source: Regional Financial Associates
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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