13. Indiana

With generous incentives and low taxes, the Hoosier State is the least expensive. But its workforce is among the least educated.

Published 4:22 PM ET Wed, 24 June 2015 Updated 2:21 PM ET Mon, 13 June 2016 CNBC.com

Category	Score	2015 Rank	2014 Rank
Workforce	180	42	27
Cost of Doing Business	272	1	21
Infrastructure	196	22	7
Economy	232	8 (Tie)	30
Quality of Life	81	46	44
Technology & Innovation	132	26	25
Education	101	26 (Tie)	15
Business Friendliness	106	9	11
Cost of Living	71	4	7
Access to Capital	35	16	37
Overall	1406	13	19

Economic Profile

Governor: Mike Pence, Republican

Population: 6,596,855

GDP growth: 0.4 percent

Unemployment rate (May 2015): 5.1 percent

Top corporate tax rate: 7 percent

Top individual income tax rate: 3.3 percent

Gasoline tax: 51 cents/gallon

Bond rating/outlook: Aaa/stable

Major private employer: Wal-Mart, St. Vincent Health

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Indiana FY 2014 CAFR

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