US Chamber report says Kentucky has lowest cost of living in the country

The study, Enterprising States, focuses on what makes certain states attractive places to locate, relocate and expand business in this uncertain economy; the unintended consequences of cutting certain items from a state budget; and what types of investments the public and private sectors can make now to improve the economy in the future.

Note: the Kentucky specific portion starts on page 60. Read More.

http://www.uschamber.com/sites/default/files/reports/ES2011-full-doc-web.pdf

"Kentucky's lowest cost of living in the nation helps move it into this year's top ten for taxes and regulation; the state has also clocked in as the 12th fastest for job growth over the past two years. This is independent recognition of the strategic and sound approaches the state has taken to rebuilding its economy. In order to further streamline business interactions with state government, Kentucky recently passed legislation that will lead to the creation of a business "One-Stop" web site. The online interface will simplify business filings and cut down on the need for business owners to complete multiple forms."