Low Business Costs

Don't take our word for it. KPMG, Business Facilities magazine, Forbes Magazine and many others have all noticed that Lexington is a great place to do business!

Kentucky has one of the lowest overall costs of doing business in the eastern United States according to Economy.com’s June 2010 edition of the North American Business Cost Review. The report, which measures the cost of doing business within a state based on unit labor cost, tax burden, and energy cost, ranks Kentucky tied as the ninth lowest in overall cost of doing business in the nation. More details can be found here.

Lexington has some of the lowest electricity costs in the nation. As of 2008, in the industrial and commercial sectors, Kentucky’s electricity prices were 29.4% and 29.6% below the national average, respectively. Residential customers also paid 29.4% below the national average. Coupled with a median home price of $151,500 and a cost of living that is consistently below the national average, Lexington is an attractive bargain for businesses and employees alike!