Business study: Iowa ranks high in affordabilityIOWA CITY (AP) — Iowa ranks only behind the Dakotas in being an affordable state in which to do business, according to a new ranking.The ranking by the California-based Milken Institute, a nonpartisan economic think tank, looked at wages, tax burden, electricity costs and real estate expenses for office and industrial space. Each category was weighted, with half the rating dependent on wages.The cost of doing business in Iowa was 20 percent below the national average, according to the ranking.Those costs were among the things Pearson Educational Management, a spinoff from the University of...