NJ – 7th costliest state for business

From the Courier Post:

Institute says New Jersey 7th-costliest for business

Based on wages, taxes and the cost of energy and real estate, New Jersey is the seventh-most costly state in the union to do business, according to data released Thursday by the Milken Institute.

New Jersey’s ranking has not changed since the last index was released in 2005.

Hawaii, New York and Alaska are the top three, followed by Massachusetts, Connecticut and California.

The cheapest states for business costs are South Dakota, Iowa and North Dakota.

From the Milken Institute:

2007 Cost-of-Doing Business Index

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1 Response to NJ – 7th costliest state for business

  1. otis wildflower says:

    Interesting, I wonder how their methodology compares with the Tax Foundation’s…

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