Allen, OK vs Covington, OK

Allen, OK and Covington, OK have a very similar cost of living, with only a 0.7% difference in their overall index. Allen scores 66 while Covington scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Allen is $919/month compared to $929/month in Covington — a 1% difference. Home values follow the same pattern: Allen is more affordable at $82,200 median vs $85,500.

Median household income in Allen is $42,708 compared to $74,500 in Covington (-42.7%). Covington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Allen spend roughly 25.8% of their income on rent, more than the 15% in Covington.