Oklahoma City Most Cost Effective Large City in the United States according to fDi MagazinePublished: Thursday, June 4, 2009 7:00 am
Oklahoma City is the most cost effective large city in the United States according to fDi Magazine's annual North America Cities of the Future report. Oklahoma City also ranks as the third most cost effective city in North America. fDi Magazine categorizes large cities as those with populations between 500,000 and 1 million.
"In economic times like these, being recognized as a cost effective place to do business is very important to business retention and relocation," Robin Roberts Krieger, Greater Oklahoma City Chamber Vice President of Economic Development said. "We have been emphasizing this for awhile but it is always helpful to have an independent, third party identify your community as one of the most cost effective cities not only in the United States, but in all of North America. This is really something Oklahoma City can be proud of."
fDi Magazine's North American Cities of the Future 2009/10 shortlists, which took more than six months to research, involved the data collection of nearly 400 North American cities. A multitude of data factored into the report including, industrial rental and labor costs. Oklahoma City's office rental cost was one of the biggest positives in its cost effectiveness.
fDi Cities of the Future shortlists are created by the independent collection of data by fDi Benchmark, across nearly 400 North American cities. This information was set under six categories: economic potential, human resources, cost effectiveness, quality of life, infrastructure and business friendliness.
For the full North American Cities of the Future 2009/10 shortlists visit www.fdimagazine.com.