Oklahoma City in the top 20% of metros

The Bureau of Economic Analysis confirms it: Oklahoma City is in the top 20% of all metro areas in terms of real GDP growth.
(September 24, 2009 )

Bureau of Economic Analysis | Archived Article

 

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.