Incentives and Operating Costs

Corporate locations can take advantage of a unique combination of assets – lower operating costs and convenience of Northern Kentucky. Among the unique advantages are:

1. Greater Cincinnati is one of the least-expensive locations in the country in which to operate a corporate headquarters, according to a national study by Boyd Co., Inc., a Princeton, J.J.-based corporate location consulting firm.
2. Kentucky’s favorable tax and business climate – ranked in the least-expensive quartile of state and local taxes.
3. Kentucky Incentive Programs – a selection of incentive programs for new and expanding companies, programs are for both “white-collar” and manufacturing projects.
4. Kentucky ranks seventh lowest in overall cost of doing business when compared to states east of the Mississippi River.

Source: State Indices of Realtive Business Costs: 2006, Kentucky Cabinet for Economic Development, October 2008

Energy Cost

Kentucky has one of the lowest energy costs in the nation with a ranking of 69, the lowest among states that are considered to be economic competitors with Kentucky. The U.S. average is 100.

Source: State Indices of Realtive Business Costs: 2006, Kentucky Cabinet for Economic Development, October 2008