Cost of Living in Covington city, VA
What does it cost to live in Covington city? Income, housing, and affordability breakdown.
Median Income
$45,737
Median Rent
$718/mo
Median Home
$80,100
Affordability
786
Housing Cost Breakdown
Owning (20% down, 6.5%)
Renting
Living in Covington city, Virginia
Covington city has a median household income of $45,737 with housing costs that represent 12.7% of income for owners and 18.8% for renters. Housing costs are within the recommended 30% of income threshold.
The affordability index of 786 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.
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