Enid’s cost of living is below the national average and is among the lowest in Oklahoma. Coupled with Enid’s relatively high per capita income (2nd out of Oklahoma’s 17 micropolitan areas), residents in the Enid region enjoy the benefits of more disposable income. This is an attractive feature for young families, senior citizens, and retailers.

This data represents the Enid, Oklahoma Cost of Living Index for 1Q2011. The ACCRA Cost of Living Index (COLI) is produced by The Council for Community and Economic Research. The Cost of Living Index measures relative price levels for consumer goods and services in 320 participating urban areas. The average for all participating places, both metropolitan and non-metropolitan, equals 100, and each participant’s index is read as a percentage of the average for all places. Areas over 100 are over the national average and those under 100 are under the national average.

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.