BizCosts® Benchmark Reports
Available now for purchase are operating cost comparisons among a series of U.S. and global cities considered important benchmark hubs for certain industry sectors. Annual operating costs scaled to representative industry models are presented for labor, energy (electricity and natural gas), taxes and real estate (industrial and office lease costs) in these new 2023 BizCosts® Benchmark Reports.
Site-seeking companies, real estate developers and economic development practitioners have relied on Boyd BizCosts® data for 5 decades. Additionally, our Benchmark Reports are valuable tools for venture capital & hedge fund managers, the Wall Street investment community and other industry analysts researching cost differentials among cities and their impact on a company’s industry & peer company competitiveness and overall financial performance.
Detailed below are the 2023 BizCosts® Benchmark Reports currently available in our Store for download. Shown are the benchmark hubs included in each Report and the names of leading companies operating in those hubs.
AEROSPACE INDUSTRY
This BizCosts® Benchmark Report compares Aerospace Industry manufacturing costs in these 15 global hubs:
Hub
Company Presence
Seattle, WA
Boeing, SpaceX, Blue Origin
Los Angeles, CA
Northrop Grumman, Lockheed
Dallas, TX
BP Aero, Sikorsky
Wichita, KS
Spirit AeroSystems, Learjet, Cessna
Mobile, AL
Airbus, Safran, UTC Aerospace
Charleston, SC
Boeing, Parker, Eaton
East Hartford, CT
Pratt & Whitney, GKN, Kaman
Palm Beach County, FL
Collins Aerospace, Pratt & Whitney, Sikorsky
Fairfax County, VA
Rolls-Royce, Northrop Grumman
Phoenix, AZ
Honeywell, General Dynamics, BAE Systems
Toulouse, FR
Safran, Airbus, Dassault Aviation
Hamburg, DE
Airbus, Cimpa, Diehl
Madrid, ES
Airbus, Boeing, Alcoa
São Paulo, BR
Embraer, Helibras, Sobraer
Montreal, CA
Bombardier, CAE, Bell Helicopter
Biopharma INdustry
This BizCosts® Benchmark Report compares Biopharma Industry manufacturing costs in these 15 global hubs:
Hub
Company Presence
Boston, MA
Biogen, Moderna, Sanofi, Vertex
Central NJ
Johnson & Johnson, Bristol Myers-Squibb, Novartis, Sandoz
Philadelphia, PA
AmerisourceBergen, GSK, Amicus, Iovance, Janssen
San Francisco, CA
Genentech, Gilead, BioMarin, Bayer, Amgen
San Diego, CA
Pfizer, Takeda, Celgene, LaJolla Pharmaceuticals, Arena
Chicago, IL
Baxter, AbbVie, Abbott
Raleigh/Durham, NC
GSK, ApiJect Systems, Merz, Covance, Pfizer
Montgomery County, MD
AstraZeneca, Otsuka, BD, Thermo Fisher, GSK, Macrogen, Autolus Therapeutics, Janssen, Qiagen
Austin, TX
Allergan, Luminex, Natura, Asuragen
London, UK
GSK, Shire, AstraZeneca
Paris, FR
Sanofi, Novartis, Nordic, Lucane, Sinclair
Zurich, CH
Baxter, Biogen, Takada
Dublin, IE
Johnson & Johnson, Roche, Novartis, Amgen
Tel Aviv, IL
Teva, Janssen, Actelion, PRA
Bangalore, IN
Allergan India, Dove Pharma, Bal Pharma
MEDICAL DEVICES & SUPPLIES INDUSTRY
This BizCosts® Benchmark Report compares Medical Devices & Supplies Industry manufacturing costs in these 15 global hubs:
Hub
Company Presence
Palo Alto, CA
Varian, Promex, Nordson
Tampa/St. Petersburg, FL
Boston Scientific, Bausch & Lomb, Quest
Chicago, IL
Abbott, Stryker, Pfizer
Fort Wayne/ Warsaw, IN
Zimmer Biomet, DePuy Synthes
Boston/Natick, MA
Boston Scientific, Abbott Labs
Kalamazoo, MI
Stryker, Thermo Fisher, Medtronic
Minneapolis, MN
Medtronic, St. Jude, 3M
New Brunswick, NJ
Johnson & Johnson, Honeywell, Precision Medical Devices
Dublin, OH
Cardinal Health, NeoraHealth, SmithsMedical
Houston, TX
Procyrion, Zibrio, Portable Therapeutix
Denver, CO
Zynex, Sorin Group, Terumo
Munich, DE
Siemens, Anthrex, Brainlab
Amsterdam, NL
Philips, Laserlab, Scinvivo
Stockholm, SE
Gambro, Linet, Medical Vision
San Jose, CR
Hospira, Cooper Medical, Hologic, Viant, Medtronic
MOTOR VEHICLE INDUSTRY
This BizCosts® Benchmark Report compares Motor Vehicle Parts & Accessories Industry manufacturing costs in these 15 global hubs:
Hub
Company Presence
Detroit, MI
Ford, GM, Fiat Chrysler
Chicago, IL
Fiat Chrysler, Owens-Illinois, SABIC Plastics
Toledo, OH
Chrysler Jeep, GM, Continental Plastics
Marysville, OH
Honda, Bulten, Alcorta
Louisville, KY
Ford, Siemens, Piston Automotive
Nashville, TN
Nissan, Hankook, Bridgestone, GM
Atlanta, GA
Kia, Hitachi Automotive, Honda
Greer, SC
BMW, Michelin, BorgWarner, Magna, ZF Group
Birmingham, AL
Mercedes- Benz, Mobis, Honda
Canton, MS
Nissan, Kasai, Yazaki, Eaton, Valeo
Fremont, CA
Tesla, Futuris Automotive, Asteelflash
Wolfsburg, DE
Volkswagen, Audi, Lamborghini
Takaoka, JP
Toyota, Nippon, Aisin
Guanajuato, MX
Volkswagen, Mazda, Honda, GM
Ulsan, KR
Hyundai, Kia, Sejong
FOOD PROCESSING INDUSTRY
This BizCosts® Benchmark Report compares Food Processing Industry manufacturing costs in these 15 U.S. hub markets:
Hub
Company Presence
Modesto, CA
Del Monte, Seneca, Athwal Almonds
Denver, CO
Cargill, PepsiCo, Molson-Coors, Smuckers, Hain Celestial, Dazbog
Atlanta, GA
Coca-Cola, Kraft Foods, Koch Foods, Pilgrim’s Pride, Tyson, Flowers Foods, U.S. Foods
Boise, ID
JR Simplot, Albertsons, GoGosqueeZ
Chicago, IL
Mondelez, Tootsie Roll, Tree House, Kraft Heinz
Minneapolis, MN
General Mills, Land O’Lakes, Caribou Coffee, Kemps, Orange Julius
St. Louis, MO
Anheuser Busch, Post, Bissinger, John Volpi, Ice Cream Specialties
Omaha, NE
ConAgra, Armour Foods, Henningsen, Kellogg, Tyson, Hormel, Omaha Steaks
Buffalo, NY
Rich Products, Fieldbrook Farms, Associated Brands, Lactalis American
Richmond, VA
Tyson, Sabra, Maruchan, Massimo Zanetti Beverage
Cincinnati, OH
General Mills, Flavor Systems, WILD Flavors
Portland, OR
Heritage Foods, Bridgetown Natural Foods, Mondelez
Hershey/Lebanon PA
Hershey, Pepperidge Farm, Tyson, Turkey Hill, Bell, and Evans, Murry’s, Giorgio Foods, ASK Foods, Kellogg
Dallas, TX
Frito-Lay, Saputo, Tyson, Nestle, Apogee Foods
Kennewick-Richland, WA
Lamb Weston, First Fruits, Reser’s, Columbia Crest Winery, AgriNorthwest, Broetje Orchards
DISTRIBUTION WAREHOUSING INDUSTRY
This BizCosts® Benchmark Report compares Distribution Warehousing Industry operating costs in these 15 U.S. hub markets:
Hub
Company Presence
Meadowlands, NJ
L’Oreal, Home Depot, Amazon, Cheveux
Lehigh Valley, PA
Amazon, Walmart, UPS, Nestle, QVC, FedEx
Rocky Mount, NC
McLane, QVC, Acme
Savannah, GA
Wayfair, IKEA, Target, Home Depot
Lakeland, FL
Amazon, Wayfair, IKEA, Home Depot, Publix
Memphis, TN
Williams-Sonoma, Nike, FedEx, McKesson
Louisville, KY
UPS, McKesson Grainger, Kroger, Zappos
Columbus, OH
Ace Hardware, Gwynnie Bee, Amazon, Anheuser-Busch, Abercrombie & Fitch
Chicago, IL
Bridgestone, Whirlpool, Bridgestone, IKEA
Kansas City, MO
Hallmark, Dollar Tree, O’Reilly Auto Parts
Denver, CO
Best Buy, Graybar, Ace Hardware, Safeway
Salt Lake City, UT
Sephora, Peloton, Fastenal, 1-800-Contacts
Reno/Sparks, NV
Urban Outfitters, Pet Smart, Mary Kay, Uline
North Las Vegas, NV
TJX, Zappos, Bed Bath & Beyond, Levi Strauss
Inland Empire, CA
DHL, Nordstrom, Overstock, Amazon, Kohls, Home Depot
CORPORATE HEAD OFFICE
This BizCosts® Benchmark Report compares Corporate Head Office operating costs in these 15 major U.S. office markets:
Hub
Company Presence
Boston, MA
General Electric, Liberty Mutual, State Street, Fidelity Investments, John Hancock, Boston Consulting, Iron Mountain
Stamford, CT
Pitney Bowes, Charter Communications, Xerox, Indeed.com, Conair, Harman International, Gartner
New York, NY
JP Morgan, Verizon, Citigroup, Pfizer, MetLife, Morgan Stanley, Goldman Sachs, AIG, New York Life, American Express
Philadelphia PA
Comcast, Toll Brothers, Lincoln National, Aramark, AmerisourceBergen, Crown Holdings
Charlotte, NC
Honeywell, Bank of America, Sealed Air, Lowes, Nucor, Centene
Atlanta, GA
Coca-Cola, Delta Airlines, UPS, Mercedes-Benz, Porsche, Home Depot, Pulte Group, Global Payments, The Southern Company
Nashville, TN
Bridgestone, Nissan North America, HCA Healthcare, Asurion, Amazon, Cracker Barrel Stores, Alliance Bernstein, IHeartMedia, Tractor Supply
Miami, FL
Royal Caribbean Cruises, American Airlines, Carnival Corporation, Precision Response, Wackenhut, Ryder Systems
Chicago, IL
Boeing, Archer Daniels Midland, United Continental Holdings, JLL, Conagra, RR Donnelley, Motorola Solutions, Exelon
Indianapolis, IN
Anthem, Eli Lilly, Simon Property Group, Guidant, Angie’s List, CNO Financial, Finish Line, Inc.
Minneapolis, MN
Target, UnitedHealth Group, Best Buy, 3M, General Mills, Ameriprise, U.S. Bancorp, Piper Jaffrey, Allianz
Phoenix, AZ
PetSmart, Avnet, Freeport-McMoRan, Circle K, Banner Health, Amkor Technology, U-Haul, ON Semiconductor, Apollo Education
Seattle, WA
Amazon, Costco, Microsoft, Starbucks, Alaska Air, Weyerhaeuser, Nordstrom, Zulily, Redfin
San Francisco, CA
Wells Fargo, Chevron, Intuit, Clorox, Williams -Sonoma, Robert Half, Hewlett-Packard
Los Angeles, CA
Walt Disney, KB Home, Mattel, Public Storage, Farmers Insurance, Colony Capital, Live Nation, Avery Dennison, Skechers
