Cost of Living in Covington, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
97.0
100 = national avg
-3.0 vs national average
Living Wage (1 Adult)
$42,671
per year
Living Wage (Family of 4)
$100,859
per year
Cost Index by Category
Housing75.1
Food106.9
Transportation113.9
Healthcare105.6
Utilities99.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$799
per month
2 Bedroom
$1,027
per month
The overall cost of living index in Covington is 97.0, which is 3.0% below the national average. Housing costs are below the national average at an index of 75.1. A single adult needs to earn approximately $42,671 per year to cover basic expenses.