Living in Jay, Delaware County, Oklahoma, has several advantages. First, the cost of living is quite low compared to most other places, making it an ideal option for those looking to stretch their budget. Second, it is a friendly and welcoming community with plenty of activities and events to keep residents entertained.

On the downside, Jay is a small town and therefore offers limited shopping and dining options. Additionally, the local job market can be difficult to break into due to the limited number of employers in the area.

some potential benefits of purchasing real estate in Jay, Oklahoma could include:

1. Affordable housing: The cost of living in Jay, Oklahoma is below the national average, making it an affordable place to buy a home.

2. Great location: Jay is located in northeastern Oklahoma, making it a convenient location for those who want to live in a small town but have easy access to larger cities like Tulsa, Springfield, and Rogers.

3. Natural beauty: Jay is situated in the Ozark Mountains, providing stunning scenery and outdoor recreational opportunities like hiking, fishing, and camping.

4. Friendly community: The village of Jay is known for its warm and welcoming community, often organizing events and gatherings that bring people together.

5. Growing economy: Jay's economy has been growing in recent years, with new businesses and amenities cropping up to support the growing population.

Of course, these are just a few potential benefits, and there may be other factors to consider when evaluating whether or not to purchase real estate in Jay.