Low Cost of Business
Built for Business
Priced for Growth
When it comes to cost-efficiency, Tucson stands out as a smart, sustainable choice for forward-thinking businesses.
With competitive leasing rates and access to a skilled, affordable labor market, our region provides a cost-efficient environment for companies to optimize resources, drive innovation and scale effectively. Tucson’s business climate supports long-term success by helping companies stretch their budgets and reinvest in growth.
Key Advantages of
doing business in tucson
Setting up and growing your business with Tech Parks Arizona means benefiting from Southern Arizona’s following key advantages:
Affordable Commercial Real Estate
Lease high-quality space at rates significantly lower than those in major metropolitan areas.
Lower Operating Costs
The cost of utilities, such as electricity, water, and gas, tends to be lower in Tucson than in larger cities, reducing overhead expenses for businesses.
Competitive Wages
Support in developing strategies including business plans, market analysis, marketing, and operations.
Business Incentives
Tucson and the state of Arizona offer various tax incentives, grants, and other financial assistance programs to attract and support businesses, reducing the overall cost of doing business.
Logistical Advantage
Tucson’s strategic location and comprehensive transportation infrastructure—including Interstate 10, major rail lines, and an international airport—facilitate efficient movement of goods and people, thereby reducing logistical costs for businesses.
Supportive Business Environment
Tailored executive support solutions meet the needs of high-level professionals, allowing them to focus on their strategic objectives while enjoying a seamless and elevated work experience.
Tucson Ranks No. 13 Among North America's Emerging Tech Talent Markets in CBRE Report
CBRE’s 2023 Scoring Tech Talent report ranks Tucson as the 13th top up-and-coming tech market in North America, recognizing the city’s strong momentum in attracting and growing tech talent. Over the past five years, Tucson has seen a 3% increase in tech employment and a 13% rise in tech wages, signaling a vibrant and expanding innovation economy.
AFFORDABLE LIVING,
EXCEPTIONAL LIFESTYLE
When it comes to costs, Tucson is an excellent option because of the relatively low cost of living and doing business, which is 10% lower than the national average, giving your employees access to a high-quality lifestyle that is more affordable than major U.S. markets on the east and west coasts.
