Virginia has risen to No. 4 in CNBC’s 2018 “Top States for Business” ranking, climbing three spots from last year’s position at No. 7.

“The workforce reigns supreme in the Old Dominion, but high wages, rent and living costs are a royal pain,” CNBC said about Virginia’s 2018 ranking. CNBC scores states in 10 categories, including economy, cost of living and education.

The commonwealth last placed in the top five of the ranking in 2013. Virginia was most recently No. 1 on the list in 2011.

The state received high marks on this year’s list for its workforce and …

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