OKC VeloCity | Oklahoma City ranks No. 3 for lowest cost of doing business among large metros

Oklahoma City ranks No. 3 for lowest cost of doing business among large metros

By Eric Long / Economy / December 19, 2018

  • The North American Business Cost Review analyzed 47 metro areas with more than 1 million people and ranked various costs associated with doing business.
  • Oklahoma City, ranking third overall, also ranks No. 1 in low energy costs, as well as No. 3 for low cost of renting an office. While our labor costs rank around the middle of the pack, it’s a necessary tradeoff for our low unemployment rate of 2.8 percent.
  • Oklahoma City’s low taxes are ranked sixth, reflecting a tax structure that’s both simple and effective while being business-friendly.


A rank of 1 is most favorable. Source: Tax Foundation, 2018.

For comprehensive Economic Indicators and Regional Data, please visit your Greater Oklahoma City Chamber Economic Development Division at www.greateroklahomacity.com/economicindicators or contact Eric Long, Research Economist – 297-8976; elong@okcchamber.com.

This article originally appeared in the December 2018 issue of The POINT!

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