EDGE Chattanooga is the lowest-cost city for starting a business

EDGE Chattanooga is the lowest-cost city for starting a business

November 1st, 2018 by Dave Flessner in EDGE

The cheapest metro cities to start a business with five full-time employees in a 1,000-square-foot office are:

1. Chattanooga, $235,873

2. Greensboro, North Carolina, $238,989

3. Wichita, Kansas, $239,199

4. Little Rock, Arkansas, $240,034

5. Columbia, South Carolina, $240,899

6. Lexington, Kentucky, $241,020

7. New Orleans, $241,128

8. Knoxville, $242,283

9. Memphis, $245,181

10. Louisville, Kentucky, $247,715

Source: SmartAsset study of 80 major U.S. cities on costs of filing fees, office space, utilities, legal and accounting costs and payroll for five full-time workers.


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