Baltimore ranks sixth in lowest-cost business location survey

KPMG examines large metro areas for lowest cost of doing business

March 22, 2012|By Hanah Cho, The Baltimore Sun

Baltimore ranked sixth in a survey of the least-costly U.S. cities in which to do business, tax firm KPMG reported Thursday.

KPMG's study — which reviewed 27 large metropolitan regions — examined 26 cost factors in each market, including labor, taxes, real estate and utilities, in 19 industries over a 10-year period.

The tax firm cited Baltimore's lowest suburban office lease costs and low property-based taxes as reasons for its high rank.

Cincinnati topped the list, followed by Atlanta; Orlando, Fla.; Tampa, Fla.; and Dallas-Fort Worth.

San Francisco and New York were the most expensive cities for doing business in the large cities category, according to the study.

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