COST OF DOING BUSINESS
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Nebraska, with an index of 82.3, ranks as the 4th lowest cost state for doing business for 2007.
The Cost-of-Doing-Business Index, released annually by the Institute, indicates each state’s comparative advantages or disadvantages in attracting and retaining businesses. Those states with a low cost of doing business have, on average, greater job growth than those with high costs.
The Index measures wage costs, taxes, electricity costs and real estate costs for industrial and office space. Each state is measured on the five individual categories, and those weighted scores are compiled to make the overall index.
An index score of 100 means that the state is equal to the U.S. average in that particular category. If a state's business cost index is 120, it means that the state's cost of doing business is 20% above than the national average. Similarly, if a state's business cost index is 80, it means that the state's cost of doing business is 20% less than the national average.
Milken Institute's Cost-of-Doing-Business Index
Other Nebraska Rankings:
- Top 10 of “Most Livable State Award”, Morgan Quinto Press, 2006
- 7th of “The Best States for Business”, Forbes Magazine, 2006
- Top 10 of “Pro-Business States”, The Pollina Corporate 2007 Top 10 Pro-Business States
- 2nd for the “State’s Healthcare Cost Quotient”, Expansion Management Magazine, 2006
- 2nd in the “State Liability Systems Ranking Study”, U.S. Chamber Institute for Legal Reform, 2006
PO Box 106 - Cozad, NE 69130
Phone: (308) 784.3902 Fax: (308) 784.3941
E-mail: jwdad@cozadtel.net

