New Orleans Ranked #2 Most-Cost Friendly City in the USA
A comprehensive study from KPMG has determined that Greater New Orleans is the #2 most cost-friendly mid-size market for business in the United States (pop. 750K – 2M). The analysis by KPMG measured 26 key cost components, including taxes, labor, facilities, transportation and utilities, as they apply to seven different business-to-business service sector operations and 12 different manufacturing sector operations. Specific to GNO, KPMG noted that “New Orleans has the lowest effective corporate income tax rate among the group of mid-sized cities compared, as well as low transportation and office lease costs.
The Top 10 Most Cost-Friendly Mid-Sized Markets in the USA are:
- Baton Rouge
- New Orleans
- Oklahoma City
- Salt Lake City