Greater Oklahoma City is in the geographic center of North America equidistant from the east and west coasts and major trade partners of Canada and Mexico. The ten county region is at the crossroads of the U.S., sitting at the heart of three major national highways on the NAFTA corridor.
There's a reason Greater Oklahoma City is such a great place for business: Location. The ten county region is positioned within a day's drive of the rapidly-growing south-central region (OK, TX, AR, LA) projected to grow more than 44% during the next 25 years.
One key aspect that makes Oklahoma City such a uniquely livable region is its affordability. Unlike many metropolitan areas today, you can afford to live in a quality home, while still enjoying the area's arts and entertainment, as well as traveling and engaging in other recreational interests.
Oklahoma City offers affordable living and remains one of the most affordable major metropolitan areas in which to live. The cost of living index measures the differences in costs of 57 consumer goods and services, excluding taxes, across 300 cities nationwide. At the end of 2008, the composite index for the Oklahoma City MSA was 88.7, or 11.3 percent below the National Average of 100.
Nowhere does your budget see the advantages of Oklahoma City more than in the housing column - without compromising on quality. Oklahoma City was recently named the No. 1 most affordable housing market of the nation's 50 largest metropolitan areas by Bizjournals.com.
The home market in Oklahoma City offers an impressive variety of housing at one of the nation's most affordable rates. Home prices range from $60,000 to more than $359,000 for single-family homes, with condominiums and townhouses ranging from $65,000 to $300,000.
Another distinct advantage in the Oklahoma City region is the variety of housing options available. From modern, urban loft in the heart of downtown, to a historic home on tree-lined streets, new suburban homes, or the simple life of a smaller community within a short commute, Greater Oklahoma City offers a wide choice of desirable neighborhoods.
Also available are hundreds of rental apartment complexes ranging from brand new luxury complexes to modest, garden-style apartments with rental prices ranging from $600 to $1,500. In fact, the average 950-square-foot apartment in Oklahoma City costs $731 per month, compared to $1,503 in Chicago, or even higher in other cities.
Here are some additional resources to help you find a home: