Cost of Living in Covington, LA
Housing
The housing market plays a significant role in determining the cost of living in Covington, LA.
- Housing Index: 96.3 / 100
- Median Home Price is: $252,000
- Average Rent (2 BR Apartment): $1358 per month
- Average Rent (2 BR House): $1476 per month
Considering a move to Covington, LA? With a housing index of 96.3, the market is relatively affordable compared to national averages. The median home price stands at 252000, making home ownership attainable for many. If renting is preferred, the average rent for a 2BR apartment is 1358, and for a house, it's slightly higher at 1476. As you evaluate your options, remember that other factors such as local job opportunities, quality of schools, and community amenities also play crucial roles in your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Covington, LA.
- Electricity Price: $11.42 USD (median by state)
- Natural Gas Price: $19.48 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $231 per month
Living in Covington, LA could entail higher utility costs. Electricity costs sit at $11.42, while natural gas is priced at $19.48 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $231 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Covington is a financially viable option for your relocation.