Low electricity costs and modest corporate income tax rates have put St. Louis in the top 10 of the least costly large U.S. cities in which to do business, according to a new report.
The 2014 study, completed by audit, tax and advisory services firm KPMG LLP, ranks St. Louis as the ninth least costly city to do business among the 31 largest metro areas in the U.S. with a population of 2 million or more. St. Louis had the lowest electricity costs among the 31 cities that were measured, the study said.
Kansas City ranks No. 11 on the list.