Roseville One of Ten Least Expensive Cities for Business
Last Updated: 3/25/2011
For the fifth year in a row, Roseville has been named one of the ten least expensive cities for business in California by the Kosmont-Rose Institute. The Kosmont-Rose Institute Cost of Doing Business Survey is an annual report that provides information about the costs required to operate a business in 413 cities across the country.
While California remains an expensive state in which to do business, Roseville has consistently ranked as one of the lowest in the state. The Survey objectively compares cities based on the array of taxes and fees cities impose on businesses and significantly affect business interests such as sales, utility, income, property, and business taxes.
Roseville has some of the most competitive development fees in California and has repealed inflationary increases for most development fees for the last two years in response to the current economic climate. Roseville also has some of the lowest annual business license fees, with the average business paying $75 a year. With no additional local or regional sales tax requirements, businesses and residents pay the current minimum state required sales tax rate of 8.25%.
The ten least expensive cities in California in 2010 (in alphabetical order) are: Apple Valley; Costa Mesa; Dos Palos; Hesperia; Moorpark; Roseville; Sutter Creek; Unincorporated El Dorado County; Unincorporated Lake County; and Unincorporated Merced County.
The ten most expensive cities in California in 2010 (in alphabetical order) are: Berkeley; Beverley Hills; Culver City; Inglewood; Los Angeles; Oakland; Rancho Santa Margarita; San Bernardino; San Francisco; and Santa Monica.
For additional information go to http://www.kosmont.com/codb.php.