OKC named among 10 Best Undervalued Places to Live

Oklahoma City was ranked fourth in U.S. News and World Report's Best Undervalued Places to Live, due to our strong housing market and "pro-business philosophy."
(July 16, 2009)

U.S. News and World Report | Archived Article

 

Cost of Living

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Cost of Living Calculator


HOUSING OVERVIEW

Region

Single Family Share

New Price

Resale Price

Multi-Family Share

Typical Rent

OKC MSA

65.77%

$237,200

$145,700

34.23%

$504

Source: Bureau of the Census, American Community Survey, 2009; National Association of Realtors, 2010.


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

OKC MSA

$115,800

41.03%

41.17%

10.73%

5.05%

2.02%

Source: Bureau of the Census, American Community Survey, 2009.


MULTI-FAMILY HOUSING RENT

Region

Median Rent

Under $300

$300 to $500

$500 to $700

$700 to $1,000

$1,000 and More

Non Cash Rent

OKC MSA

$504

9.66%

36.46%

30.81%

12.49%

4.49%

6.09%

Source: Bureau of the Census, American Community Survey, 2009.


COST OF LIVING INDEX (U.S. = 100)

Region

Overall

Food

Housing

Utilities

Transportation

Health Care

Misc.

OKC MSA

92.56

92.3

85.6

90.16

98.06

96.6

97.33

Source: ACCRA Cost of Living Index, 2010.


HEALTH INSURANCE COSTS (MONTHLY)

Region

Individual HMO

Individual Indemnity

Family HMO

Family Indemnity

Doctors Per Capita

Hospital Beds Per Capita

OKC MSA

$534

$666

$988

$1,121

257

444

Source: Economic Research Institute, Geographic Reference Report, 2008.