OKC ranks No. 3 for lowest cost of doing business among large metrosPublished: Tuesday, December 18, 2018 By: Eric Long Source: VeloCity
The North American Business Cost Review analyzed 47 metro areas with more than 1 million people and ranked various costs associated with doing business.
Oklahoma City, ranking third overall, also ranks No. 1 in low energy costs, as well as No. 3 for low cost of renting an office. While our labor costs rank around the middle of the pack, it’s a necessary tradeoff for our low unemployment rate of 2.8 percent.
Oklahoma City’s low taxes are ranked sixth, reflecting a tax structure that’s both simple and effective while being business-friendly.