|
Competitive Alternatives
|
|
KPMG's Guide to International Business Location
|
|
International Results
The four largest US cities—New York City, Los Angeles, Chicago, and Dallas-Fort Worth—form the baseline against which business costs in other countries and cities are compared. As the only emerging country included in the study, Mexico represents the lowest-cost country examined. Mexico's major cities have a business cost advantage of 18.2 percent, on average, relative to the US baseline. Canada and the Netherlands are the cost leaders among the nine established industrialized countries examined with business costs 5.0 and 3.5 percent below the US, respectively. Australia, the United Kingdom, and France rank fourth, fifth, and sixth respectively. Costs in Australia are 2.2 percent below the US baseline, while costs in the UK and France are very similar, at 1.8 and 1.7 percent below the US, respectively. Costs in Italy are virtually equivalent to the study baseline—the United States. Germany and Japan have the highest cost structures among the 10 countries examined, with costs 2.6 and 7.6 percent, respectively higher than the US. |
All information provided is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.
KPMG International Cooperative ("KPMG International") is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.