The cost of doing business in Enid is considerably lower than the national average. Relatively low costs in categories such as real estate, labor, utilities, and transportation give Enid regional businesses a competitive advantage.
Enid’s low cost of doing business is an important economic climate factor that contributes to economic stability, business expansion, and job growth in the region.
Construction Costs
| Materials |
|
| Labor |
|
| Composite |
80.9 |
Cost of Living Index
(2009) in Enid, Oklahoma
| Housing |
74.6 |
| Utilities |
90.3 |
| Transportation |
94.7 |
| Composite |
88.5 |
Property Tax Rate
(2009 Effective Tax Rates)
| |
Real
Property |
Equipment |
| Enid City Limits |
1.21% avg |
1.46% avg |
| Garfield County |
1.11% avg |
1.33% avg |
Enid, Oklahoma Sales Tax Rate
| City |
3.50% |
| County |
0.35% |
| State |
4.50% |
| Total |
8.35% |