OKC ranked No. 2 for lowest cost of living among large cities
Published: Wednesday, March 16, 2022 By: Eric Long Source: VeloCity NewsletterOklahoma City ranked No. 2 for Lowest Cost of Living among all reporting large cities over 500,000 population. The C2ER Annual Cost of Living Index for Oklahoma City in 2021 was 86.5.
Example: If you are earning $70,000 after taxes in Seattle, the comparable income to achieve the same standard of living in Oklahoma City is $39,699.
CHECK OUT THE COST OF LIVING CALCULATOR AT ABETTERLIFEOKC.COM
If you moved from Seattle to Oklahoma City:
- Groceries will cost 31% less
- Housing will cost 64% less
- Utilities will cost 11% less
- Transportation will cost 30% less
- Health care will cost 22% less
Check out the Cost of Living Calculator at abetterlifeokc.com.
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; elong@okcchamber.com.
This article originally appeared in the March 2022 edition of the VeloCity newsletter.