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Coweta, OK vs Spencer, OK

76
Coweta
Oklahoma
VS
+7.9%
70
Spencer
Oklahoma

Spencer is moderately more affordable than Coweta, with a 7.9% lower cost of living index. Coweta scores 76 compared to 70 for Spencer, where the US average is 100. This difference means residents of Coweta can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Coweta is $959/month compared to $940/month in Spencer — a 2% difference. Home values follow the same pattern: Spencer is more affordable at $119,000 median vs $185,900.

Median household income in Coweta is $60,000 compared to $57,550 in Spencer (+4.3%). The higher salaries in Coweta partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Coweta spend roughly 19.2% of their income on rent, less than the 19.6% in Spencer.

Income & Cost

Cost of Living Index
Coweta
76
Spencer
70
7% cheaper
Median Household Income
Coweta
$60,000
4% higher
Spencer
$57,550

Housing

Median Rent
Coweta
$959
Spencer
$940
2% cheaper
Median Home Value
Coweta
$185,900
Spencer
$119,000
36% cheaper
Population
Coweta
10,157
Spencer
3,942

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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