Utah's lower cost of doing business compares favorably with other technology hubs in Economy.com's Cost of Doing Business Index. The Index is an aggregate of component costs including unit labor costs, energy costs, state and local taxes, and office rents. In addition, Utah is experiencing large increases in productivity.

Relative Business Costs

Metropolitan Area

Cost of Doing Business Index

Austin, TX

93.9

Boston, MA

121.3

Denver, CO

98.7

Los Angeles, CA

105.9

Minneapolis, MN

104.0

Phoenix, AZ

100.6

Portland, OR

94.3

Raleigh-Durham, NC

96.6

Salt Lake-Provo, UT

95.1

San Diego, CA

105.7

San Francisco, CA

111.0

San Jose, CA

108.8

Seattle, WA

100.7

Washington, DC

103.4

   

Index of metropolitan area relative business costs represents percentage of the national average where the national average=100%