Construction Costs Oklahoma City

Construction Cost Ranges (2024–2025)

In the Oklahoma City metro area, total construction contract values rose approximately 9% in 2024 compared to 2023, with forecasts indicating a further increase of around 19% in 2025—well above the national average growth rate. Non-residential and residential sectors are both expected to grow, with non-building infrastructure (such as bridges, water systems, and sewers) projected to surge significantly. These trends suggest upward pressure on cost ranges across project types, making it essential for contractors and construction managers to monitor sector-specific cost drivers closely.

While this hub does not list specific dollar amounts, it provides a framework for understanding relative cost ranges and directs users to detailed spokes for precise tables and estimates.

Labor, Equipment, and Local Cost Drivers

Labor Cost Trends

Trade labor, journeyman, and subcontractor rates in Oklahoma City are influenced by strong job growth—projected at 2.3% statewide in 2025—and expanding construction activity. With nonfarm employment rising and construction among the fastest-growing sectors, labor demand is increasing, which may elevate wage rates for skilled trades and subcontracted services.

Equipment Hire Costs

Equipment rental rates—whether daily, weekly, or monthly—are subject to market demand, availability, and project duration. In a market with rising speculative industrial and infrastructure projects, equipment hire costs may trend upward. Contractors should plan for variability and consult local rental providers for current rate cards.

Local Cost Drivers

• Permits and Licensing: Oklahoma City requires permits for construction, alteration, and demolition of structures. Specialized trades (electrical, plumbing, mechanical, signage, driveways, fire suppression) require both state and city licensing. Permit fees and development impact fees (for streets and parks) are updated annually and can significantly affect project budgets.
• Site Access and Delivery: Urban projects—especially in downtown revitalization zones or entertainment districts—may face logistical challenges, including traffic management, staging constraints, and delivery timing, all of which can increase costs.
• Material Delivery: With ongoing speculative industrial and infrastructure construction, supply chain competition may drive up delivery premiums, especially for bulk or specialized materials.