Location or Expansion

Cost of Doing Business

Oklahoma is nationally recognized for creating and maintaining a dynamic pro-business environment with expertly tailored policies, programs and incentives that positively affect your business’ bottom line.

Here are just some of the reasons Oklahoma is good for your business:

  • According to Moody’s Economy.com U.S. Cost of Doing Business report, Oklahoma has the fifth-lowest state and local tax index in the nation. Oklahoma has the fifth-lowest overall tax burden in the nation.
  • Industrial electric rates are among America’s lowest.
  • More than 300 industrial parks and hundreds of office, plant and building sites stand ready for business at locations statewide.
  • Oklahoma is a right-to-work state where workers are allowed to seek or retain employment regardless of union membership requirements.

Oklahoma Wages for Selected Jobs

OccupationMedian Hourly
Material Movers $10.21
Truck Drivers, Light $12.52
Assemblers & Fabricators $10.32
Machinists $16.66
Telemarketers $9.33
Administrative Assistants $15.53
Computer Operators $14.21
Accountants $19.69
Registered Nurses $24.62
Computer Programmers $22.98
Aerospace Engineers $38.47
Chemcial Engineers $46.50
Electrical Engineers $33.14

Source: EMSI Complete Employment - 2011.4

U.S. Metro Area Relative Business Costs

CityCost of Doing Business IndexRank (Out of 384 Cities)
Oklahoma City 80 334
Tulsa 85 245
Lawton 80 338
Albuquerque 88 197
Atlanta 90 152
Austin 103 41
Chicago 107 30
Colorado Springs 88 180
Dallas 102 48
Denver 94 88
Fort Worth 91 126
Houston 112 19
Kansas City 89 167
Las Vegas 93 99
Los Angeles 106 34
Nashville 82 295
New Orleans 93 106
Phoenix 95 86
Saint Louis 85 252
San Antonio 81 323
San Francisco 123 4

Source: Moody’s Economy.com - North American Business Cost Review 2011
Note: A higher rank indicates lower costs

Cost of Living Index for Selected Cities

CityCost of Living Index
Oklahoma City 91
Tulsa 89
Lawton 96
Albuquerque 94
Atlanta 96
Austin 94
Chicago 116
Colorado Springs 92
Dallas 94
Denver 105
Fort Worth 92
Houston 91
Kansas City 99
Las Vegas 101
Los Angeles 136
Nashville 90
New Orleans 96
Phoenix 99
Saint Louis 91
San Antonio 93
San Francisco 165

Source: C2ER.org - ACCRA Cost of Living Index, Second Quarter 2011