According to CNBC’s 2025 list of America’s Top States for Business, Oklahoma boasts the lowest cost of doing business in the United States — for the second year in a row.
The state also ranked high in cost of living (#18) and overall business friendliness (#20).
Oklahoma’s 4% corporate tax rate, low utility costs, and high number of business incentives make doing business easier in Oklahoma. This isn’t just a win for CEOs and founders. It’s a win for quality of life. When businesses can do business easier, it’s easier for job seekers to get hired.
But the ripple effects go even further. Low costs mean companies can invest more in people, infrastructure, and growth—without passing on inflated expenses to customers or employees. That translates into more competitive wages, more stable operations, and more room for innovation. For residents, it means a stronger job market, affordable housing, and a lifestyle that doesn’t require compromise.
As more companies look to expand in regions where both balance sheets and communities can thrive, the Sooner State continues to prove a move to the state isn’t just affordable — it’s smart and strategic.