One of the most important factors considered when evaluating a market to move a company to, or to expand in, is how much it’s going to cost to operate a business there. Not only is the cost of living in Tampa and Hillsborough County lower than most major metros, the cost of doing business is lower as well. Without sacrificing quality.
Tampa and Hillsborough County are among the most affordable places to do business in the United States. According to KPMG ratings, we earned the #6 spot for Most Cost-Friendly Business Locations Among Large U.S. Cities, outranking Dallas, Cleveland, and Boston. KPMG also noted that Tampa and Hillsborough County have the third lowest labor cost in the U.S.
Cost factors considered during KPMG’s ranking process included local facilities (both industrial and office), labor costs such as wages, salaries and benefits, utilities, and federal, regional, and local taxes.
As the lead economic development agency in Hillsborough County, the Tampa Hillsborough EDC has the resources and connection to make your transition and growth here go seamlessly and affordably.