Cost of Living in Covina, CA

Population 50,143 · California · Data vintage 2023

187
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Covina run well above the national baseline, with a median of $666,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $94,792 place the city among the better-paid California metros. At 6.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located <5 miles northeast of West Covina, Covina falls within that metro's commuting orbit. Housing prices track closely with West Covina's $712,000 median.

Cost Overview

Housing 218
Rent 140

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Covina

The median home value in Covina is $666,000 — 118% above the national median of $305,000. Median rent runs $1,839/month, 40% higher than the national median of $1,314/month. The median household income of $94,792/year is 27% higher than the US median of $74,580. The local unemployment rate is 6.3%, above the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. Overall, Covina has a cost of living index of 187 versus the US average of 100, meaning it is 87% more expensive.

🏠 Housing

Median Home Value
$666,000
118% above avg
Zillow Home Value
$796,509
Zillow ZHVI
Median Rent
$1,839/mo
40% above avg
Zillow Rent
$2,452/mo
Zillow ZORI
Price-to-Rent Ratio
30.2x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 57.4%
Renter-occupied 42.6%

💰 Estimated Monthly Budget

Rent median rent
$1,839
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,453/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
36.2 min
34% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.2%

Commute Mode

Drove alone
72.4%
Carpooled
11.2%
Public transit
2.2%
Walked
1.4%
Bicycle
0.6%
Work from home
11.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$94,792
27% above avg
Per Capita Income
$38,840
Unemployment Rate
6.3%
31% above avg
Poverty Rate
8.9%
Labor Force Participation
68.8%

🎓 Education

Bachelor's degree+ 19.0%
Graduate degree 8.4%

👥 Demographics

Median Age 38.2
Male median age 35.7
Female median age 40

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 67 — Moderate
11.2%
Good air days/yr
210
Max AQI recorded
203
PM2.5 days
150
Ozone days

Frequently Asked Questions

What is the cost of living in Covina, CA?

Covina has a cost index of 187 (100 = national average). It is 87% above the national average.

What is average rent in Covina, CA?

The median gross rent in Covina is $1,839 per month based on 2023 Census data.

What is the average home price in Covina?

The median home value in Covina is $666,000 according to Zillow and Census data.

What is the median income in Covina?

The median household income in Covina is $94,792 per year (2023 ACS 5-year estimates).

What is the sales tax in Covina, CA?

The combined state and local sales tax rate in Covina is 8.7%. The California state income tax top rate is 13.3%.

Is Covina, CA affordable?

Covina is above average in cost of living, with an index of 187 — about 87% higher than the national average.

Covina at a Glance

Population
50,143
Median Income
$94,792
Home Value
$666,000
Median Rent
$1,839/mo
Unemployment
6.3%
Sales Tax
8.7%
View all cities in California →
🗺️ County data for California

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs