Labor costs 20% lower national average
3rd Nationally utility affordability
Kentucky has long enjoyed a competitive advantage in the provision of energy, natural gas and water. Businesses benefit from Kentucky’s low-cost options.
Utilities
Kentucky has long enjoyed a competitive advantage in the provision of energy, natural gas, and water. Businesses benefit from Kentucky’s low-cost options.
Incentives
Kentucky offers a variety of financial incentives to help offset costs and create new jobs and investment in the Commonwealth. From small business growth to large corporate investment, the Cabinet can help businesses with a variety of incentive options. We find the right solutions.
Taxes
Taxes are an important factor when a company considers a new location or expansion. The Kentucky Department of Revenue has answers to all tax questions.
Labor Costs
Not only is the cost of doing business lower in Kentucky, so are labor costs. In fact, labor costs are significantly below the national average – almost 20 percent lower than the United States average.
Cost of Living
From housing and groceries to taxes and utility costs, you will find your money goes farther in Kentucky. In fact, according to CNBC, Kentucky has among the lowest cost of living in the nation. This means you’ll have more opportunity to enjoy Kentucky’s beautiful parks and entertainment venues.