Housing costs in Covington?
A typical home costs
$75,800, which is 77.6% less expensive than the national average of
$338,100 and 56.6% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Covington costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$930.
Can I afford Covington?
To live comfortably in Covington, Oklahoma, a minimum annual income of
$14,400 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Covington?
Covington, OK is a small town with a cost of living that is generally lower than the U.S. national average. The overall cost of living index in Covington is 92, meaning it's 8% lower than the national average. On average, housing prices are significantly lower than the national median. Utilities, groceries, and health care costs are all fairly low as well. Transportation expenses tend to be slightly higher in Covington due to its smaller population size and its location in Oklahoma. All in all, Covington offers residents an attractive combination of affordability and quality of life.