Within the New England/Atlantic Canada
region, the two cost leaders, Fredericton and
Moncton, are both located in the Canadian
province of New Brunswick and have almost
equivalent business costs—both with a cost
index of 83.3. Along with their Atlantic Canada
neighbors of Charlottetown, Halifax and
St. John’s, these cities all have business costs
more than 14 percent below the US baseline.
For international firms, the current weakness
of the Canadian dollar further enhances the
low labor and facility costs that are typical of
this region and which make Atlantic Canada
the lowest cost region within Canada.
Bangor is the cost leader among the US cities
in this region, with business costs
5.2 percent below the US baseline.
Providence, the second largest city in the
region, has the second lowest business costs
among the US cities compared, with costs
below those of the smaller regional cities of
Burlington (Vermont) and Manchester (New
Costs in Hartford are still below the US
baseline, although only by 1.8 percent. Boston
is the only major city in this region and has
business costs significantly higher than any
other city in the region, at 1.2 percent above
the US base.