Cost of living in Covina research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Covina is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Covina is 159, with 100 being the average.
The cost of living index in Covina is 1.6x higher than the national average.
Covina ranks as the #369 cheapest in California out of 634.
Covina ranks as the #5,877 cheapest out of 6,489 in the US.
The median home value in Covina is $787,458.
The median income in Covina is $94,792.
According to the most recent data on the cost of living, Covina has an overall cost of living index of 159, which is 1.6x higher than the national index of 100.
Compared to California, Covina has a cost of living index that's 1.1x higher than California's index of 141.
The standard of living in Covina ranks as #369 most affordable out of the 634 places we measured in California. By definition, that implies Covina ranks as the #265 most expensive place in the Golden State.
For more reading on life in Covina, check out:
Six factors go into calculating the cost of living index in Covina. Here is how it fairs on each of the criteria:
The Services index in Covina is 115.
The Groceries index in Covina is 110.
The Health index in Covina is 109.
The Housing index in Covina is 260.
The Transportation index in Covina is 125.
The Utilities index in Covina is 113.
| Living Expense | Covina | California | National Average | |
|---|---|---|---|---|
| Overall | 159 | 141 | 100 | |
| Services | 115 | 110 | 100 | |
| Groceries | 110 | 112 | 100 | |
| Health | 109 | 110 | 100 | |
| Housing | 260 | 195 | 100 | |
| Transportation | 125 | 125 | 100 | |
| Utilities | 113 | 128 | 100 | |
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Covina is $787,458.
The Median Rent in Covina is $1,839.
The Median Income in Covina is $94,792.
The Home Value To Income in Covina is 8.3x.
The Rent To Monthly Income in Covina is 0.23x.
| Statistic | Covina | California | United States |
|---|---|---|---|
| Median Home Value | $787,458 | $763,287 | $303,400 |
| Median Rent | $1,839 | $1,956 | $1,348 |
| Median Income | $94,792 | $96,334 | $78,538 |
| Home Value To Income | 8.3x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.24x | 0.21x |
| Item | Covina | California |
|---|---|---|
| Shampoo | $1.41 | $1.28 |
| Movie | $13.46 | $12.13 |
| Bowling | $19.07 | $18 |
| Haircut | $24.67 | $24.26 |
| Beauty Salon | $49.33 | $45.56 |
| Item | Covina | California |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $2.08 | $1.57 |
| Milk | $4.76 | $4.67 |
| Potatoes | $4.94 | $4.93 |
| Pizza | $16.13 | $12.09 |
| Beer | $9.6 | $10.41 |
| Toothpaste | $3.76 | $3.7 |
| Item | Covina | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
| Item | Covina | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
| Item | Covina | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
The cost of living varies in the cities and towns around Covina. Here's a quick look at the cost of living in the most populous nearby places:
West Covina, CA has a cost of living index of 161, 1.0x Covina.
Yorba Linda, CA has a cost of living index of 200, 1.3x Covina.
Glendora, CA has a cost of living index of 171, 1.1x Covina.
| City | Population | Cost Of Living | Vs. Covina |
|---|---|---|---|
| West Covina, CA | 107,436 | 161 | 1.0x |
| Yorba Linda, CA | 67,407 | 200 | 1.3x |
| Glendora, CA | 51,350 | 171 | 1.1x |
| Azusa, CA | 49,318 | 144 | 0.9x |
| La Mirada, CA | 46,945 | 163 | 1.0x |
| San Dimas, CA | 34,099 | 166 | 1.0x |
| La Verne, CA | 30,804 | 159 | 1.0x |
| Walnut, CA | 27,857 | 194 | 1.2x |
| West Puente Valley, CA | 22,198 | 151 | 0.9x |
| Valinda, CA | 21,626 | 145 | 0.9x |