Covington, WA Cost Of Living
Cost Of Living In Covington, WA Summary
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:
The cost of living index in Covington is 136, with 100 being the average.
The cost of living index in Covington is 1.4x higher than the national average.
Covington ranks as the #142 cheapest in Washington out of 192.
Covington ranks as the #5,458 cheapest out of 6,412 in the US.
The median home value in Covington is $434,500.
The median income in Covington is $114,247.
Table Of Contents
Covington's Overall Cost Of Living
Higher Than The National Average
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 136, 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 115.
The standard of living in Covington ranks as #142 most affordable out of the 192 places we measured in Washington. By definition, that implies Covington ranks as the #50 most expensive place in the Evergreen State.
For more reading on life in Covington, check out:
- Living In Covington
- Covington Crime Report
- Search Homes For Sale In Covington, WA
In Washington
In America
Covington Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Covington. Here is how it fairs on each of the criteria:
The Services index in Covington is 131.
The Groceries index in Covington is 129.
The Health index in Covington is 126.
The Housing index in Covington is 155.
The Transportation index in Covington is 142.
The Utilities index in Covington is 108.
| Living Expense | Covington | Washington | National Average | |
|---|---|---|---|---|
| Overall | 136 | 115 | 100 | |
| Services | 131 | 112 | 100 | |
| Groceries | 129 | 109 | 100 | |
| Health | 126 | 119 | 100 | |
| Housing | 155 | 129 | 100 | |
| Transportation | 142 | 116 | 100 | |
| Utilities | 108 | 90 | 100 | |
Covington, WA Housing Cost Breakdown
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 2017-2021. The key points are:
The Median Home Value in Covington is $434,500.
The Median Rent in Covington is $1,907.
The Median Income in Covington is $114,247.
The Home Value To Income in Covington is 3.8x.
The Rent To Monthly Income in Covington is 0.2x.
| Statistic | Covington | Washington | United States |
|---|---|---|---|
| Median Home Value | $434,500 | $397,600 | $244,900 |
| Median Rent | $1,907 | $1,439 | $1,163 |
| Median Income | $114,247 | $82,400 | $69,021 |
| Home Value To Income | 3.8x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Covington, WA Costs By Category
Detailed Covington Services Costs Vs. Washington
| Item | Covington | Washington |
|---|---|---|
| Shampoo | $1.13 | $1.06 |
| Movie | $14.7 | $10.68 |
| Bowling | $21.8 | $14.67 |
| Haircut | $39.33 | $18.62 |
| Beauty Salon | $50.33 | $39.05 |
Detailed Covington Groceries Costs Vs. Washington
| Item | Covington | Washington |
|---|---|---|
| Ground Beef | $5.74 | $4.22 |
| Fried Chicken | $2.15 | $1.39 |
| Milk | $2.5 | $2.05 |
| Potatoes | $3.5 | $3.29 |
| Pizza | $13.12 | $10.62 |
| Beer | $10.49 | $9.38 |
| Toothpaste | $3.44 | $2.34 |
Detailed Covington Health Costs Vs. Washington
| Item | Covington | Washington |
|---|---|---|
| Optometrist | $158.73 | $108.57 |
| Doctor | $136.39 | $116.17 |
| Dentist | $143.77 | $99.13 |
Detailed Covington Transportation Costs Vs. Washington
| Item | Covington | Washington |
|---|---|---|
| Gasoline | $3.19 | $2.22 |
| Tire Balancing | $66.49 | $50.07 |
Detailed Covington Utilities Costs Vs. Washington
| Item | Covington | Washington |
|---|---|---|
| All Electricity | $186.95 | $167.67 |
| Phone | $194.23 | $175.64 |
Covington SnackAbility
/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 111, 0.8x Covington.
Kent, WA has a cost of living index of 130, 1.0x Covington.
Auburn, WA has a cost of living index of 125, 0.9x Covington.
| City | Population | Cost Of Living | Vs. Covington |
|---|---|---|---|
| Tacoma, WA | 217,332 | 111 | 0.8x |
| Kent, WA | 134,890 | 130 | 1.0x |
| Auburn, WA | 85,306 | 125 | 0.9x |
| Puyallup, WA | 42,366 | 120 | 0.9x |
| SeaTac, WA | 30,867 | 126 | 0.9x |
| Maple Valley, WA | 27,643 | 143 | 1.1x |
| Lake Tapps, WA | 12,570 | 146 | 1.1x |
| Vashon, WA | 10,886 | 143 | 1.1x |
| Fife, WA | 10,869 | 126 | 0.9x |
| Lake Morton-Berrydale, WA | 10,709 | 143 | 1.1x |
