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Cost of Doing Business

Lower business costs, higher profits

Low operational costs, a pro-business environment and an educated labor force all make Iowa the perfect choice to start and expand a business. Iowa has lower rental and construction costs than the national average, lower payroll costs, lower workers' compensation costs and lower utility costs. It’s why global tech leaders like Google, Facebook and Microsoft have invested billions over the last several years to expand in Iowa. Look at the numbers. Read our success stories. Listen to our CEOs. Find out how an Iowa location can improve your bottom line.

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Iowa is the 3rd best-run state in the nation

24/7 Wall Street, 2017
California 14th
Illinois 43rd
Indiana 29th
Wisconsin 20th

below the national average workers compensation premium


lowest cost of doing business in the country

Business Facilities, 2017

lower industrial electricity rates than the national average

EIA, Oct. 2016

Locate and expand affordably

Iowa’s industrial construction costs are 18% below the national average, and industrial rental rates are 15% below the national average.

See how we stack up

The 50-State Comparison Tool

Iowa Economic Development Authority
200 East Grand Avenue
Des Moines, Iowa 50309
Phone: 1.515.348.6200
email: Email Us

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