Covington, VA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
81
Covington's Overall Cost Of Living
0.8x
Lower Than The National Average
5 out of 187
In Virginia
305 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Covington is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Covington, VA?

According to the most recent data on the cost of living, Covington has an overall cost of living index of 81 which is 0.8x lower than the national index of 100.

Compared to only Virginia, Covington has a cost of living index that's 0.8x lower than Virginia's index of 107.

The standard of living in Covington ranks as #305 most affordable out of the 6,522 places we measured in Virginia. By definition, that implies Covington ranks as the #6,102 most expensive place in the Old Dominion.

For more reading on life in Covington, check out:

Covington Cost Of Living Vs. Virginia

Living Expense Covington Virginia National Average
Overall 81 107 100
Services 99 99 100
Groceries 87 96 100
Health 98 97 100
Housing 46 130 100
Transportation 89 90 100
Utilities 107 100 100
For more reading on cost of living around Virginia, check out:
Covington Cost of Living Vs. VA

Covington, VA Housing Cost Breakdown

Housing swings affordability the most between places in Virginia, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$72,900
Median Home Value
$619
Median Rent
$40,655
Median Income
Statistic Covington Virginia United States
Median Home Value $72,900 $273,100 $217,500
Median Rent $619 $1,234 $1,062
Median Income $40,655 $74,222 $62,843
Home Value To Income 1.8x 3.7x 3.5x
Rent To Monthly Income 0.18x 0.2x 0.2x

Detailed Covington Services Costs Vs. Virginia

Item Covington Virginia
Shampoo $0.92 $1.01
Movie $8.0 $10.72
Bowling $11.5 $13.86

Detailed Covington Groceries Costs Vs. Virginia

Item Covington Virginia
Ground Beef $3.27 $3.9
Fried Chicken $1.09 $1.4
Milk $1.79 $1.96

Detailed Covington Health Costs Vs. Virginia

Item Covington Virginia
Haircut $17.0 $17.49
Beauty Salon $36.67 $38.17
Toothpaste $1.78 $2.32

Detailed Covington Transportation Costs Vs. Virginia

Item Covington Virginia
Potatoes $2.49 $3.18
Pizza $11.5 $10.39
Beer $9.96 $9.23
Optometrist $107.5 $106.34
Doctor $103.0 $115.25
Dentist $99.25 $98.38

Detailed Covington Utilities Costs Vs. Virginia

Item Covington Virginia
Gasoline $2.51 $2.59
Tire Balancing $38.0 $48.9
All Electricity $194.39 $167.6
Phone $175.14 $163.42

Covington SnackAbility

5
/10
Overall SnackAbility
Jobs
7/10
Housing
4
Affordability
8.5
Diversity
8
Safety
8
Amenities
8
Education
5
Commute
9.5

Cost Of Living In Cities Around Covington

City Population Cost Of Living Vs. Covington
Roanoke, VA 99,229 88 1.1x
Blacksburg, VA 44,303 105 1.3x
Cave Spring, VA 26,001 97 1.2x
Salem, VA 25,317 93 1.1x
Christiansburg, VA 22,163 92 1.1x
Hollins, VA 14,329 93 1.1x
Vinton, VA 8,083 88 1.1x
Lexington, VA 7,241 101 1.2x
Buena Vista, VA 6,484 87 1.1x

Articles About Virginia

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