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Copeland, OK vs Spencer, OK

64
Copeland
Oklahoma
VS
-9.2%
70
Spencer
Oklahoma

Copeland is moderately more affordable than Spencer, with a 9.2% lower cost of living index. Copeland scores 64 compared to 70 for Spencer, where the US average is 100. This difference means residents of Spencer can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Copeland is $740/month compared to $940/month in Spencer — a 21% difference. Interestingly, home values tell a different story: while Copeland has cheaper rent, Spencer actually has lower median home values ($119,000 vs $122,500).

Median household income in Copeland is $53,571 compared to $57,550 in Spencer (-6.9%). The higher salaries in Spencer partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Copeland spend roughly 16.6% of their income on rent, less than the 19.6% in Spencer.

Income & Cost

Cost of Living Index
Copeland
64
9% cheaper
Spencer
70
Median Household Income
Copeland
$53,571
Spencer
$57,550
7% higher

Housing

Median Rent
Copeland
$740
21% cheaper
Spencer
$940
Median Home Value
Copeland
$122,500
Spencer
$119,000
3% cheaper
Population
Copeland
1,405
Spencer
3,942

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Copeland
Spencer $2.86
US $3.07
🥚
Eggs (grade A, large)
Copeland
Spencer $2.33
US $2.50
🥛
Milk (whole)
Copeland
Spencer $3.76
US $4.03
🍞
Bread (white)
Copeland
Spencer $1.73
US $1.85
🍗
Chicken breast
Copeland
Spencer $3.87
US $4.14
Electricity
Copeland
Spencer $0.15
US $0.19