Oklahoma City ranks #3 lowest cost of doing business among large metrosPublished: Wednesday, April 14, 2021 By: Eric Long Source: The POINT!
- The Moody’s North American Business Cost Review analyzed 53 Metro areas over 1,000,000 people and ranked various costs associated with doing business.
- Oklahoma City was ranked as 3rd overall for the lowest cost of doing business, as well as 1st for lowest energy costs.
- Ranking 3rd for lowest tax costs, Oklahoma City has a tax structure that is both simple and effective while being business-friendly.
- While our labor costs rank around the middle of the pack, it’s a necessary tradeoff for our low unemployment rate of 4.7%.
For comprehensive Economic Indicators and Regional Data, please visit your Greater Oklahoma City Chamber Economic Development Division at www.greateroklahomacity.com or contact Eric Long, Research Economist – 297-8976; firstname.lastname@example.org.