Washington D.C. is the most expensive city to launch a company in the US, with a yearly cost of $145k, while Tucson, Arizona was the least expensive, at a cost of $63k, according to a report from portfolio company Embroker.
True, Silicon Valley is a startup haven, but entrepreneurs and startups can flourish anywhere, even in places that lack Philz Coffee (said to be a favorite of Mark Zuckerberg) and where avocado toast doesn’t cost $8.00.