Covington, MI vs Montgomery, MI

There is a significant gap in the cost of living between these two cities. Montgomery is 28.6% cheaper than Covington. With a cost index of 76 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Montgomery to Covington should plan for substantially higher expenses across most categories.

Median household income in Covington is $68,750 compared to $54,000 in Montgomery (+27.3%). The higher salaries in Covington partially offset the cost difference, but don't fully close the gap.