Compare Business Water Rates Around the World | Utility Bidder

Comparing The Cost Of Running A Business Around The World

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Setting up a business is far from cheap, but the expenses don’t stop when you are up and running, and they will quickly add up before you know it. You have to consider the costs of paying your staff, finding a large enough office space to accommodate your needs, and then think about how you will keep that office space running.

However, the cost of these all-important aspects isn’t the same for everyone; across the globe, the cost of setting up a business will vary. We have studied locations worldwide and compared their utility costs from the cheapest offices to the most expensive water bills. If you are considering setting up a business but haven’t yet decided on a place, this information could prove extremely beneficial.

Business Costs Around the World Ranked

Select a currency:
Rank City Country Average Salary (£) Annual Office Rent (per sq ft) Water Cost (per 1000 litres)
Annual Internet Cost Corporate Tax Rate Overall Score

Salaries

Office Rent

Water

Internet

Corporate Tax

Methodology

We began with a list of key cities in OECD countries, giving each a normalised score out of 100 on the following five factors, before taking an average overall score across all five factors.

Average Salary

According to PayScale.

Average Office Cost

The average prime office occupancy cost per square foot per annum, according to CBRE’s 2019 Global Prime Office Occupancy Costs.

Water Price

Average water price data for businesses per 1000 litre according to researchgate.net.

Annual Internet Cost

The average annual cost of internet (60 Mbps or more, unlimited data, cable ADSL), according to Numbeo (monthly estimate multiplied by 12).

Corporate Tax Rate

The corporate tax rate according to the Tax Foundation (US cities were calculated based on state-level taxes too, also from the Tax Foundation).

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