Covington, WA Cost Of Living

The latest cost of living statistics for Covington. Includes statistics on rent, mortgages, healthcare, and other costs for Covington compared to the state and national averages.

Cost of living in Covington, Washington

Cost of living in Covington 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 Covington is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Washington, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

140 Cost of living index 1.4x higher vs US
#137 Cheapest in Washington (of 191)
#5,396 Cheapest in the U.S. (of 6,489)
$678,607 Median home value
$2,232 Median rent
$134,502 Median income
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What is the cost of living in Covington, WA?

According to the most recent data on the cost of living, Covington has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.

Compared to Washington, Covington has a cost of living index that's 1.2x higher than Washington's index of 120.

The standard of living in Covington ranks as #137 most affordable out of the 191 places we measured in Washington. By definition, that implies Covington ranks as the #54 most expensive place in the Evergreen State.

For more reading on life in Covington, check out:

Covington Cost Of Living Vs. Washington

Six factors go into calculating the cost of living index in Covington. Here is how it fares on each of the criteria:

  • The Services index in Covington is 107.

  • The Groceries index in Covington is 110.

  • The Health index in Covington is 203.

  • The Housing index in Covington is 107.

  • The Transportation index in Covington is 113.

  • The Utilities index in Covington is 115.

Living Expense Covington Washington National Average
Overall 140 120 100
Services 107 108 100
Groceries 110 108 100
Health 203 137 100
Housing 107 111 100
Transportation 113 111 100
Utilities 115 110 100

Covington Cost Of Living Compared To Washington Averages

Services
Covington 107
Washington avg 108
Groceries
Covington 110
Washington avg 108
Health
Covington 203
Washington avg 137
Housing
Covington 107
Washington avg 111
Transportation
Covington 113
Washington avg 111
Utilities
Covington 115
Washington avg 110

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Washington, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Covington, WA Housing Cost Breakdown

$678,607Median Home Value
$2,232Median Rent
$134,502Median Income

Housing swings affordability the most between places in Washington, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Covington is $678,607.

  • The Median Rent in Covington is $2,232.

  • The Median Income in Covington is $134,502.

  • The Home Value To Income in Covington is 5.0x.

  • The Rent To Monthly Income in Covington is 0.2x.

Statistic Covington Washington United States
Median Home Value $678,607 $601,016 $332,700
Median Rent $2,232 $1,760 $1,413
Median Income $134,502 $98,141 $80,734
Home Value To Income 5.0x 6.1x 4.1x
Rent To Monthly Income 0.2x 0.22x 0.21x

Covington, WA Costs By Category

Detailed Covington Services costs vs. Washington
Item Covington Washington
Shampoo $1.24 $1.28
Movie $11.87 $12.13
Bowling $17.56 $18
Haircut $32.12 $24.26
Beauty Salon $43.48 $45.56
Detailed Covington Groceries costs vs. Washington
Item Covington Washington
Ground Beef $5.66 $5.84
Fried Chicken $2.78 $1.57
Milk $4.85 $4.67
Potatoes $4.43 $4.93
Pizza $14.86 $12.09
Beer $11.77 $10.41
Toothpaste $3.46 $3.7
Detailed Covington Health costs vs. Washington
Item Covington Washington
Optometrist $242.14 $125.68
Doctor $139.77 $135.78
Dentist $164.3 $113.29
Detailed Covington Transportation costs vs. Washington
Item Covington Washington
Gasoline $4.39 $3.46
Tire Balancing $77.69 $59.92
Detailed Covington Utilities costs vs. Washington
Item Covington Washington
All Electricity $175.38 $193.99
Phone $207.11 $192.25

Covington SnackAbility

6Overall SnackAbility
Jobs 9/10
Housing 9/10
Affordability 6/10
Diversity 8.5/10
Safety 6/10
Amenities 9/10
Education 8/10
Commute 3/10

Cost Of Living In Cities Around Covington

The cost of living varies in the cities and towns around Covington. Here's a quick look at the cost of living in the most populous nearby places:

  • Tacoma, WA has a cost of living index of 126, 0.9x Covington.

  • Kent, WA has a cost of living index of 133, 0.9x Covington.

  • Auburn, WA has a cost of living index of 133, 0.9x Covington.

City Population Cost Of Living Vs. Covington
Tacoma, WA 222,758 126 0.9x
Kent, WA 135,603 133 0.9x
Auburn, WA 85,676 133 0.9x
Puyallup, WA 42,746 128 0.9x
SeaTac, WA 32,414 128 0.9x
Maple Valley, WA 28,287 148 1.1x
Lake Tapps, WA 12,798 149 1.1x
Lake Morton-Berrydale, WA 11,183 143 1.0x
Fife, WA 10,949 127 0.9x
Sumner, WA 10,733 129 0.9x