4. Owensboro Advantage: Business Cost Comparison Kentucky has the lowest overall cost of doing business when compared to other states KY vs. Competitor states Overall Business Cost Unit Labor Cost Energy Cost State and Local Taxes Cost Index Rank Cost Index Rank Cost Index Rank Tax Index Rank US 100 100 100 100 KY 92 13 97 24 67 3 91 12 CA 112 48 101 38 144 45 111 45 GA 95 21 97 24 91 26 91 12 IL 101 35 102 42 88 23 96 25 IN 89 5 91 11 77 12 91 12 MI 103 40 105 46 95 32 102 35 MO 93 16 96 21 72 5 86 7 OH 100 32 99 31 91 26 113 46 TN 89 5 89 8 84 18 79 3
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6. Owensboro Advantage: Cost of Labor Average Weekly Wage Owensboro Region US Ohio Indiana Illinois Tennessee Virginia All Industries $583 $818 $742 $703 $878 $722 $784 Information $714 $1,269 $988 $859 $1,177 $953 $1,449 Finance $635 $1,325 $977 $888 $1,448 $1,029 $1,168 Prof. / Bus. $494 $999 $885 $716 $1,083 $762 $1,221 Education and Health Care $592 $752 $692 $693 $764 $778 $743 Other $434 $518 $456 $461 $549 $498 $626