With the second lowest cost of living of any major metropolitan area, balanced with high wages and one of the best places to start a business, the Oklahoma City area remains one of the best places to live, work and play. The list of reasons you should work and build your business in our region is growing – almost as quickly as the list of reasons why people love living here. Our low costs, diverse economy and business-friendly environment have kept the economic doldrums at bay, and provided value, stability and profitability to our companies.
For years, Oklahoma City has worked for widespread quality of life improvements and self-investment. The massive scale of our public improvement projects, along with first-class business and cost environments, have helped stoke our red-hot economic engine and propel Oklahoma City forward.
The one-two punch of a low cost of living and record-low unemployment is a magnet for entrepreneurial ambition. Hear firsthand from some of our local talent on what makes OKC so great for entrepreneurship.
The Oklahoma City metro ended 2018 with an annual average unemployment rate for the year just above 3 percent (3.3 percent), with monthly unemployment rates ranging as low as 2.6 percent and as high 3.8 percent. Oklahoma City finished out the year ranked among the lowest ten unemployment rates for large metros (over 1 million population).
Checkout the ever-growing accolades featuring OKC among the best and brightest. See why the world has taken notice!
In-depth information on our soaring bioscience industry, economic indicators, business intelligence, accolades, economic forecast, and case studies are just a few of the resources you’ll find at GreaterOklahomaCity.com.
A biopharmaceutical contract manufacturing company specializing in the production of therapeutic proteins and antibodies from both mammalian cell culture and microbial fermentation.
A local non-profit serving as the launchpad for entrepreneurship and small business growth.
A non-profit organization conducting biomedical research focused on understanding and curing human diseases from cancer to heart disease.
A legislatively established organization with the purpose of growing and diversifying Oklahoma’s economy through technology development, technology transfer, and technology communication.