The most expensive states to open an ASC in

New York has been named the most expensive state to start a business in for 2024 by business consulting firm Venture Smarter. 

The firm considered factors including commercial rent costs, average wages and LLC filing costs, according to a Jan. 17 news release sent to Becker's. 

The state offers the highest yearly commercial rent cost per square foot at $38.92, and the highest average weekly wage at $2,015.

It costs $200 on average to file an LLC in New York, which is the fourth most expensive in the country. New York also has the fourth-highest average sales tax rate at 4.5% and the fourth-highest hourly minimum wage at $14.20. 

The 10 most expensive states to start a new ASC in 2024: 

1. New York 

2. Washington 

3. Massachusetts

4. California 

5. Illinois 

6. New Jersey 

7. Connecticut

8. Minnesota 

9. Texas 

10. Maryland

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