Cost of Doing Business in Grapevine
When it comes to doing business in a major metropolitan area, it doesn't get much more affordable than Dallas–Fort Worth. Dallas and Fort Worth index well below other major U.S. business centers when it comes to state and local taxes. In terms of the largest corporate expenses—labor and rent—Dallas and Fort Worth also rank well below other major U.S. markets, making the region an attractive place to expand or relocate.
A key factor in reducing the cost of living in Grapevine is the absence of a state income tax. Those moving from other states will realize an instant savings as state income tax is no longer taken out of their bi-weekly paycheck. For remote workers, this is an attractive benefit and reason to consider relocating to Grapevine.
Grapevine offers an affordable cost of living when compared with the high cost of doing business, including the high real estate costs, found in coastal states like California, New Jersey, Maryland and New York. Companies like Kubota Corporation, a tractor and heavy equipment manufacturer, have moved their corporate headquarters to Grapevine from California for the cost savings.
Healthcare also costs less in Grapevine than the national average, offering savings to seniors and young families.
Those looking to save money on their commute can take advantage of TEXRail - the local the commuter rail. TEXRail is Trinity Metro’s 27-mile commuter rail line that extends from downtown Fort Worth through North Fort Worth, North Richland Hills and Grapevine to the northern entrance of Dallas/Fort Worth International Airport, ending at Terminal B. Riders are encouraged to bring their bike, snacks, and to get comfortable. For convenience, riders can purchase tickets using the GoPass app.