Covington cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index10191100
Goods & Services index9797100
Groceries index9697100
Health care index9995100
Housing index11282100
Transportation index9294100
Utilities index9888100
Displayed above is a general overview of the Covington, LA cost of living index. The overall cost of living index in Covington, LA is 101, which is 11% higher than the Louisiana average and 1% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Covington, LA are equal to the Louisiana average and 3% lower than the national average.

Did you know?

  • The cost of living in Covington is 11% higher than the Louisiana average.
  • The cost of living in Covington is 1% higher than the national average.
  • The cost of housing in Covington is 12% higher than the national average.
  • Louisiana general sales tax is 21% lower than the national average.
  • Louisiana state income tax is 10% lower than the national average.

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Compare Covington, LA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Covington, LA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Covington, LA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Covington, LA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Covington, LA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Covington, LA has a median income of about $64,663 for people who own homes. Based on that number, a person should spend a maximum of $1,509 on expenses related to housing. Renters have a slightly different median income, which is $27,206. Based on this average, renters should spend no more than $635 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Louisiana Sales Tax

StateGeneral Sales TaxWith Max Surtax

Louisiana Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Covington, LA you will want to make sure you consider both the Louisiana sales tax and the Louisiana income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Louisiana is 4%, with the highest surtax being 11%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Louisiana have a range from 2% to 6%.

Goods & Services

ItemCovingtonNational avg.Difference
Haircut $13.75$14.595.8%
Beauty Salon $37.17$34.687.2%
Toothpaste $2.28$2.477.8%
Shampoo $1.08$1.025.7%
Movie $10.50$9.876.4%
Bowling $3.95$4.3910.1%


ItemCovingtonNational avg.Difference
Ground Beef $4.37$4.482.4%
Fried Chicken $1.29$1.4611.9%
Milk $2.61$2.3610.7%
Potatoes $2.98$3.062.7%
Pizza $8.49$9.248.1%
Beer $7.96$8.637.8%

Health Care

ItemCovingtonNational avg.Difference
Optometrist $97.00$99.782.8%
Doctor $96.50$105.038.1%
Dentist $86.00$88.703.0%
Ibuprofen $10.44$9.4110.9%
Lipitor $314.93$298.505.5%


ItemCovingtonNational avg.Difference
Home Price $211,400.00$175,700.0020.3%
Avg. Mortgage Payment $802.76$1,081.0325.7%
Apartment Rent $858.00$920.006.7%


ItemCovingtonNational avg.Difference
Gasoline $1.95$2.096.9%
Tire Balancing $39.92$45.2911.8%


ItemCovingtonNational avg.Difference
All Electricity$154.94$170.809.3%
Phone $30.76$28.268.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Sun, LA30686-14%
Folsom, LA66691-9%
Lacombe, LA7,72694-6%
Abita Springs, LA2,512100-0%
Mandeville, LA12,1021099%
Covington, LA9,1511011%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Louisville, OH9,15192-8%
Milton, FL9,14990-10%
Shelby, OH9,14980-20%
Linganore, MD9,15412424%
The Village, OK9,14786-14%
Covington, LA9,1511011%
Source: The Covington, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.