FitSmallBusiness.com, the digital business publication, has determined the least expensive cities for business travel.
These are the least expensive cities in the U.S. for business travel:
- Las Vegas
- West Palm Beach
- San Diego
- Washington D.C.
Fit Small Business ranked the 40 cities on the following weighted six metrics:
- Flight Costs (30%) - Average cost for a round-trip ticket to each of the cities from three airports across the country: Dallas-Fort Worth International Airport, New York JFK International Airport and Los Angeles International Airport
- Rental Car Costs (25%) - Average cost to rent a full-size vehicle from three rental car companies, based on a Monday pickup and a Wednesday drop-off at each city's major airport
- Hotel Costs (25%) – Cost of a hotel room in each city researched, based on a Monday check-in and Wednesday checkout
- Dining Costs (10%) - Cost of a three-course meal for two people at a mid-range restaurant
- Taxi Costs (5%) - Taxi start price, hour waiting price, and average length of a one-way trip in each city researched
- Workspace Costs (5%) - Cost to rent a conference room through Davinci in each city. The publication also considered the cost of renting a shared office space through WeWork, however, WeWork's monthly plan makes the cost of renting office space equal across markets.
"A lot of companies - particularly small businesses - might be tempted to choose a smaller city to host a conference or a corporate retreat as a way to save money," said Eric Noe, Editor in Chief of Fit Small Business. "But our study found they'd be better off looking at major transportation hubs, where they'll find many choices for flights, event spaces and everything else to fit their budget parameters - whatever they may be."