Iowa was ranked #1 for “Cost for Doing Business” because of it’s low tax burden, including individual income and property taxes, and business taxes on company’s who are considering locating their business in Iowa. CNBC also took into consideration the cost of wages and state workers’ compensation insurance, as well as rental costs for office and industrial space. This is the second consecutive year that Iowa has received the top spot in the “Cost for Doing Business” category from CNBC’s rankings.

Over all Iowa ranked #6 in CNBC’s 2010 Top States for Business, for having low business costs, an upturning economy and an over all friendliness to business.

To see all the rankings visit: http://www.cnbc.com/id/37516043/.