JETRO: Comparison of 10 cities in the United States with investment costs
April 04, 2019
JETRO conducted an investment cost comparison survey on 10 cities in the United States from December 2018 to January 2019 (Atlanta, Chicago, Columbus, Dallas, Houston, Honolulu, Los Angeles, San Francisco, Nashville, NY) The survey results were published on the website.
Cost increase factor: (See the figure)
As an example of such data, many Japanese manufacturing companies operating in the United States introduce wages as one of the factors contributing to the increase in costs in recent years.
Monthly wage / manufacturing worker (general work position)
Atlanta: $ 2,941 is the lowest,
San Francisco: $ 3,679 is the highest.
Monthly wage / non-manufacturing staff (business staff)
Honolulu: $ 3,078 is the lowest,
New York: $ 4,478 is the highest
Nominal wage increase in 2018:
Honolulu (7.6%),
Los Angeles (6.0%),
Nashville (4.5%)
Personal income tax (maximum tax rate): (see table)
In comparison with 8 states (10 cities surveyed this time), personal income tax (maximum tax rate) is the highest in 12.3% in California.
-JETRO
https://www.jetro.go.jp/biznews/2019/04/615d02c90bc875f.html
2018 North American investment related cost comparison survey (March 2019)
https://www.jetro.go.jp/ext_images/_Reports/01/c73bf26f080efea7/20180068.xlsx