ECONOMIC INDICATORS
OKC NO. 1 LOWEST COST OF LIVING AMONG LARGE CITIES Where You Live Matters! C2ER 2023 Annual Average Price Report www.coli.org
Composite index
apartment rent
Men's Haircut
City
coffee
gasoline doctor visit
Movie ticket
Oklahoma City, OK
82.2
$5.16
$811
$3.02
$149.53
$19.13
$10.57
El Paso, TX
88.1
$5.42
$1,146
$3.23
$129.11
$28.78
$11.81
Indianapolis, IN
88.8
$5.39
$1,336
$3.35
$112.66
$22.23
$11.38
Memphis, TN
89.8
$5.24
$1,598
$3.00
$112.80
$25.47
$13.30
San Antonio, TX
91.2
$5.05
$1,521
$2.97
$149.40
$28.33
$12.41
Albuquerque, NM
94.9
$5.45
$1,574
$3.10
$133.41
$29.18
$12.84
Columbus, OH
95.3
$5.52
$1,613
$3.19
$115.70
$24.08
$11.70
National Average
100
$5.46
$1,550
$3.32
$143.77
$25.81
$12.46
Oklahoma City ranks No. 1 for Lowest Cost of Living among all reporting large cities over 500,000 population. The C2ER Annual Cost of Living Index for Oklahoma City in 2024 was 82.2—or 17.8 points below the national average.
• Groceries will cost 19% less • Housing will cost 88% less • Utilities will cost 15% less • Transportation will cost 20% less • Healthcare will cost 25% less
Example: If you are earning $70,000 after tax in New York (Manhattan), the comparable income to achieve the same standard of living in Oklahoma City is $25,355. If you moved from New York to Oklahoma City:
For comprehensive Economic Indicator and Regional Data, please visit your Greater Oklahoma City Chamber Economic Development Division at www.greateroklahomacity.com/economicindicators or contact Eric Long, Research Economist, at 405-297-8976; elong@okcchamber.com DID YOU KNOW? Get regional demographic data, consumer expenditure information, labor force data for the Greater Oklahoma City Region and more at greateroklahomacity.com.
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