San Antonio among most cost-friendly cities for business

San Antonio ranked fifth among most cost-friendly cities for business.

San Antonio has received high marks in a study of the most cost-friendly cities to do business.

The study by tax, audit and advisory firm KPMG LLP examined the 31 largest U.S. metro areas (those with populations of 2 million or more) to compile its 2016 Competitive Alternatives study.

San Antonio finished fifth in the study, that measured 26 key cost components in each market which includes: costs associated with taxes, labor, facilities, transportation and utilities.

The Alamo City has a cost index score of 94.7, representing business costs 5.3 percent below the U.S. national baseline of 100. San Antonio has the lowest wage costs and second lowest statutory and benefit costs, giving it the lowest total labor costs in the group of large U.S. cities. San Antonio also has the lowest costs for natural gas and for industrial building construction. Office lease costs are also relatively low.

Click to read entire article: San Antonio among most cost-friendly cities for business (San Antonio Business Journal, 4-5-16)