5 cheapest, most expensive states for running a business

According to a report from cloud software company approve.com, Texas is the cheapest state to run a business in as of Oct. 2021.

The report considered factors including average annual wages, tax rates and utility prices. 

Five cheapest states for running a business: 

1. Texas

2. Oklahoma 

3. Kentucky

4. Nevada

5. Georgia

Five most expensive states for running a business: 

1. California 

2. New Jersey 

3. Vermont 

4. District of Columbia

5. Iowa

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