Covington, OK vs Phillips, OK

There is a significant gap in the cost of living between these two cities. Covington is 17.1% cheaper than Phillips. With a cost index of 65 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Covington to Phillips should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Covington are $85,500 compared to $93,000 in Phillips, a 8% gap.

Median household income in Covington is $74,500 compared to $70,000 in Phillips (+6.4%). Covington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.