St. Louis, Springfield rank high on list of cities for starting a business

St. Louis and Springfield are among the best U.S. cities for starting a business, according to a new WalletHub ranking.

St. Louis is seventh on the WalletHub list, which includes 150 cities in total. Springfield sits just a few spots behind, at No. 11. Kansas City rounds out the Missouri contingent on the list, at No. 32.

WalletHub, a personal finance website, 18 metrics to determine the ranking. The metrics were grouped into three main categories: business environment, access to resources and business costs.

Springfield ranked first for business costs, and St. Louis was eighth in that category.

WalletHub also compiled separate lists ranking the cities by some of the 18 metrics. Springfield tied for the second-cheapest office space and the third-shortest average workweek. St. Louis ranked fifth from the bottom for availability of human capital.

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