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OKC 2nd among top 100 metros in Economic Performance
Oklahoma City was ranked second by Brookings' MetroMonitor for Economic Performance during the recession. Brookings looked at employment, wages, output, and housing conditions among the 100 largest metro areas in the U.S.
(June, 2009)
Cost of Living
HOUSING OVERVIEW
|
Region |
Single Family Share |
New Price |
Resale Price |
Multi-Family Share |
Typical Rent |
|
Greater OKC |
77% |
$214,027 |
$136,323 |
23% |
$555 |
Source: Bureau of the Census, 2000; National Association of Realtors, 2006; ACCRA, 2006; Money Magazine Best Places, 2006.
SINGLE FAMILY HOUSING VALUES
|
Region |
Median Value |
Under $100,000 |
$100,000 to $199,999 |
$200,000 to $299,999 |
$300,000 to $499,999 |
$500,000 or More |
|
Greater OKC |
$74,421 |
68.7% |
25.5% |
3.8% |
1.4% |
0.5% |
Source: Bureau of the Census, 2000.
MULTI-FAMILY HOUSING RENT
|
Region |
Median Rent |
Under $300 |
$300 to $500 |
$500 to $750 |
$750 to $1,000 |
$1,000 and More |
|
Greater OKC |
$555 |
10.5% |
44.0% |
34.3% |
8.0% |
3.3% |
Source: Bureau of the Census, 2000.
COST OF LIVING INDEX (U.S. = 100)
|
Region |
Overall |
Food |
Housing |
Utilities |
Transportation |
Health Care |
Misc. |
|
Greater OKC |
84 |
92 |
60 |
109 |
96 |
92 |
101 |
Source: Sperling & Sander, Cities Ranked & Rated, 2006.
HEALTH INSURANCE COSTS (MONTHLY)
|
Region |
Individual HMO |
Individual Indemnity |
Family HMO |
Family Indemnity |
Doctors Per Capita |
Hospital Beds Per Capita |
|
Greater OKC |
$445 |
$556 |
$824 |
$935 |
264 |
475 |
Source: Economic Research Institute, Geographic Reference Report, 2006.