Oklahoma City real estate vs inflation: did it beat the dollar?

straight answer

90% × 46%

Updated June 1, 2026 · Redfin · BLS / FRED (CPIAUCNS)

Since 2013, Oklahoma City real estate is up 90% while U.S. consumer prices rose 46%. Oklahoma City real estate far outpaced inflation — but the ride was brutal: its worst drop was 7%. Figures in U.S. dollars.

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Base 100 since 2013

0511021522032013201520182020202220242026Oklahoma CityInflation (CPI)
Each line starts at 100 in 2013; values in U.S. dollars.

Why compare Oklahoma City home prices (US$/m²) and U.S. inflation (CPI-U)

Oklahoma City is one of the more affordable large U.S. markets, a Great Plains capital whose economy has long been tied to the energy sector alongside government, aviation and agriculture. Its fortunes have historically moved with oil and gas, and that energy exposure cushioned it through the 2008 housing crash even as it added boom-and-bust sensitivity of a different kind. Housing here stayed inexpensive relative to the coasts throughout. The figures below track the price of the property itself, excluding rent, taxes and the costs of ownership.

Returns by window

WindowOklahoma City home prices (US$/m²)U.S. inflation (CPI-U)
1 year 0% 4%
5 years 24% 24%
10 years 69% 39%
since 2013 90% 46%
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The price of return: risk

AssetAnnual volatilityWorst drop
Oklahoma City real estate 7% -7%
Inflation (CPI) 1% -2%

$10,000 in each, since 2013

AssetValue today
Oklahoma City real estate $18,995
Inflation (CPI) $14,553

Frequently asked questions

Did Oklahoma City real estate beat inflation?

Over the period, Oklahoma City real estate returned 90% while U.S. consumer prices rose 46%. The gap is what the asset earned beyond simply keeping pace with the dollar.

Does this account for the dollar losing value?

Yes. The inflation line is U.S. CPI, the measure of how much purchasing power the dollar lost over the same period. Returns above that line are gains in real terms.

Does a higher return mean a better investment?

Not on its own. A higher return came with higher risk here — the volatility and the largest drop on this page show how much the value swung along the way.

Keep exploring

U.S. inflation

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Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.