Cost of Doing Business

Chicago is an Affordable Global City

Photo: “Chicago” by Lei Han

Business Cost Index

Of the 3 U.S. Global Cities, Chicago provides the Lowest Cost & Best Value.

 

KPMG ranks Chicago as one of the most cost-effective cities in the world for doing business — ahead of New York and Los Angeles — in terms of the combined impact of 26 significant business cost components including labor, utilities, facility, transportation, financing costs, and taxes.

In addition, the city is a central hub with direct connections to all six Class-One North American railroads, six major U.S. Interstates, and flights between more than 200 cities worldwide.

Competitive Office & Industrial Rates

Chicago’s Total Office Occupancy Cost in $ per Sq. Ft. per Year.

 

Utilities

Chicago’s major utility companies including ComEd, AT&T, and Peoples Energy can deliver low-cost power to meet a company’s present and future needs.

These utilities work closely with their communities and local & state governments to design competitive energy packages that support sustainable growth.

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Chicago’s Business Climate