Cost of Living in Covington, WA
Housing
The housing market plays a significant role in determining the cost of living in Covington, WA.
- Housing Index: 121.1 / 100
- Median Home Price is: $686,000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2500 per month
Considering a move to Covington, WA? The current median home price is a substantial 686000, indicating a potentially high real estate market. However, the housing index stands at 121.1, suggesting low affordability or possibly a lack of available properties. It’s also important to note that rental options, both for 2-bedroom apartments and houses, are currently at zero, which might reflect supply issues. Before making a decision, it's advisable to explore nearby areas or consider alternatives that fit your budget and lifestyle needs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Covington, WA.
- Electricity Price: $12.34 USD (median by state)
- Natural Gas Price: $18.14 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $251 per month
Living in Covington, WA could entail higher utility costs. Electricity costs sit at $12.34, while natural gas is priced at $18.14 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $251 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.