The economy of Oklahoma City is highly diversified, having successfully transitioned from its historical reliance strictly on oil, gas, and agriculture. Today, it boasts a gross domestic product (GDP) of over $80 billion (metro area). The city is frequently lauded for its exceptional affordability, with a cost of living that sits comfortably below the national average.
Major economic drivers include aviation and aerospace, energy, healthcare, and government. Tinker Air Force Base is the largest single-site employer in the state. Other major employers include the State of Oklahoma, the FAA's Mike Monroney Aeronautical Center, INTEGRIS Health, and energy giants like Devon Energy and Chesapeake Energy. Over the last decade, a burgeoning technology and startup sector has emerged, anchored by homegrown companies like Paycom.