Low unemployment, cost of living earn OKC title as 'Most Affordable City'

Being cheap is an unpleasant personality trait, but a good economic one, which bodes well for Oklahoma City. Forbes recently ranked Oklahoma City as the nation's Most Affordable City.

"It's got good schools and universities, friendly residents and an unemployment rate well below the national average " 6.3% compared with the nationwide 9.5%," the article stated. "Thanks to good jobs and low cost of living, the Oklahoma City metro area ranks as America's Most Affordable City."

Pittsburgh; Buffalo and Rochester, N.Y.; and Nashville, Tenn., rounded out the top five, respectively.

This continues a strong stretch of accolades for Oklahoma City in the national press. In October alone, Oklahoma City was named a Top 25 Performing City (Milken), a Top 5 Fastest Growing City (Forbes), and the seventh Best City for Income Growth (Portfolio.com).

"In times like these, value is key to everything we do as a chamber," said Roy Williams, president and CEO of the Greater Oklahoma City Chamber. "From attracting new business, retaining and fostering growth with our current companies to attracting conventions and visitors, the No. 1 factor on everyone's mind is value. Affordability isn't always about being the cheapest; it is also about the quality you get for your dollar."

Read the full Forbes story here.

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