Oklahoma Commerce

Cost Of Living & More Reasons To Choose Oklahoma

In Oklahoma, our low costs mean you can increase your standard of living substantially.  Our low costs mean more for your dollar, more out of life.

Don't just take our word for it:

  • Business Facilities magazine ranks Tulsa #1 in the United States for cost of living and #2 for qualify of life.
  • Business Facilities also ranks Lawton #9 for cost of living for cities under 500,000 population.
  • Forbes ranks Oklahoma City #2 among Best Housing Markets.
  • Indeed.com ranks Oklahoma City #6 among Best Places to Look for a Job.
  • RelocateAmerica.com ranks Tulsa as the #1 place to live in America, followed by Oklahoma City at #10.
  • Business Week ranks Oklahoma City #1 among its Top 10 Places for Renters.
  • US News and World Report ranks Oklahoma City among its Best Cities for Job-Seeking Retirees.
  • US Census Bureau names Tulsa and Oklahoma City among the places with the shortest commutes to work -- Tulsa at 18.9 minutes average and Oklahoma City at 19.6 minutes. 
  • Salary.com ranked Oklahoma City (No. 9) and Tulsa (No. 12) among the most favorable cities to build personal wealth. Both cities performed well because of their low cost of living and high rate of pay.

Skylines

  • Oklahoma has the fourth lowest total tax burden in the nation. When combining federal, state and local taxes, Oklahoma ranks #47, making ours a very affordable state in which to live and do business. 
  • When considering housing, the dollar definitely stretches farther in Oklahoma with some of America's most affordable property. A recent study by Coldwell Banker states a 2,200 square-foot home costing $130,000-$135,000 in Oklahoma would have a price tag of:

$180,000 in Dallas
$244,700 in Colorado
$249,100 in Portland
$237,000 in Atlanta
$206,500 in Baltimore
$181,000 in Charlotte; and
$159,000 in Kansas City.

  • In Oklahoma, low costs mean residents can increase their standard of living. To enjoy the same spending power as an Oklahoman counterpart, individuals have to earn:

7 percent more in Dallas, St. Louis or Kansas City;
14 percent more in Phoenix
28 percent more in Los Angeles; and
52 percent more in Boston.

 

 

 

Related Content

  • Contacts

    • Steven Barker
      Senior Research Analyst
      Office: 405-815-5182
  • Content & News

  • Media

    • I Believe in Oklahoma: Kathy Taylor
    • Tour Oklahoma
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