The Cost of Self Storage in Oklahoma City, OK
Oklahoma City cost of living is 14.6% lower than the national average, which may be part of why storage costs are so much lower in this city. For a small, 5×5 unit, renters can expect to pay more than $16 less per month, and savings are even bigger on larger units. A 10×20 unit is about $53 less expensive in Oklahoma City compared to nationwide pricing and around $21 less than the state average.
Some of the factors that may influence pricing include real estate and seasonal residents. Real estate prices in the area are comparable to the state median, which helps keep costs down. A large population of military families and students at Oklahoma City University help create plenty of demand for storage but only during certain times of the year. Longer-term storage prices can help keep average costs lower.
| Average cost of storage units in Oklahoma City, OK compared to state and national averages | |||
|---|---|---|---|
| Size of Storage Unit | City Average | State Average | National Average |
| 5×5 | $24 | $31 | $41 |
| 5×10 | $34 | $43 | $59 |
| 10×10 | $57 | $68 | $95 |
| 10×15 | $81 | $88 | $113 |
| 10×20 | $80 | $101 | $133 |
What to Consider when Looking for Storage in Oklahoma City, OK
Oklahoma City has lots of storage facility options, so it is important to know what amenities are most important. Property crime scores a 60 in the city, which is much higher than the national average of 35.4. A lot of property crime means that security is a major concern when storing items with sentimental or monetary value.
Another factor that may impact storage decisions is the climate. While Oklahoma City does not get a lot of snow, it does get plenty of cold days with January lows sinking below freezing. In the summer, highs easily top 90 degrees F, which can mean much hotter temperatures indoors without ventilation. Climate control might be a good option when storing anything fragile, electronic or otherwise vulnerable to heat and cold.
Helpful Tips for Moving to Oklahoma City, OK
Oklahoma City might be a very attractive location when adding up a booming economy, low cost of living and recent housing appreciation. The unemployment rate has dropped to 3.4%, which is below the national average. The cost of living is 14.6% below average, with much of that savings coming from affordable housing. A real estate investment might show good returns though since housing appreciation is up 3.7% over the last decade.
Commute time is a big bonus to living in Oklahoma City where the average time in the car is just 21.3 minutes, more than 5 minutes less than the national average. While most city residents own a car, traffic doesn’t lead to long snarls and added time to get to work.