take that, california and phillie!

Well, well. It looks like Vegas is still quite a bargain for doing business in the U.S. From the Las Vegas Business Press:

Las Vegas is still the best business city

Las Vegas has ranked as the least expensive major city in a new survey on the cost of doing business. The Kosmont-Rose Institute 2006 Cost of Doing Business Survey ranked Cheyenne, Wy. as the cheapest city of all and Philadelphia, Penn. as the most expensive.

The survey ranks each city according to the cost of six taxes -- on business itself, on telephones, on sales, on property, electric and utility taxes and corporate income taxes. It then comes up with a Rate Comparison, which allows cities to be compared. All cities are then ranked into one of five categories from most expensive to least expensive.

The most expensive business locales included Los Angeles, San Francisco and New York. Other large cities that were rated least expensive included Houston, Fort Worth, Dallas and Denver.

The survey found that the fundamentals of doing business in Southern California are unlikely to change, despite the reforms of the business tax regime in 2005. Read more.

More about the survey here: Kosmont-Rove Survey