Cost of Living in Covington, LA

Population 11,568 · Louisiana · Data vintage 2023

99
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Covington sits on the smaller end of the Louisiana city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Geographically, Covington is about 30 miles northwest of New Orleans, the nearest large metro. Housing prices track closely with New Orleans' $296,000 median.

Cost Overview

Housing 96
Rent 105

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

About the Cost of Living in Covington

The median home value in Covington is $292,500 — 4% below the national median of $305,000. Median rent runs $1,374/month, 5% higher than the national median of $1,314/month. The median household income of $73,809/year is 1% lower than the US median of $74,580. The local unemployment rate is 4.9%, above the national average of 4.8%. Louisiana's top state income tax rate is 4.3% and the combined sales tax is 9.5%. Overall, Covington has a cost of living index of 99 versus the US average of 100, meaning it is 1% less expensive.

🏠 Housing

Median Home Value
$292,500
4% below avg
Zillow Home Value
$315,348
Zillow ZHVI
Median Rent
$1,374/mo
5% above avg
Zillow Rent
$1,570/mo
Zillow ZORI
Price-to-Rent Ratio
17.7x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$816
2 BR
$988
3 BR
$1,280
4 BR
$1,513
Owner-occupied 65.3%
Renter-occupied 34.7%

💰 Estimated Monthly Budget

Rent median rent
$1,374
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,988/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
30.2 min
12% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.5%

Commute Mode

Drove alone
82.5%
Carpooled
4.1%
Public transit
0.0%
Walked
0.4%
Bicycle
0.5%
Work from home
10.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.3%
Total Sales Tax 9.5%
State rate 4.5%
Avg local rate 5.1%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$73,809
1% below avg
Per Capita Income
$39,360
Unemployment Rate
4.9%
2% above avg
Poverty Rate
12.4%
Labor Force Participation
54.8%

🎓 Education

Bachelor's degree+ 21.1%
Graduate degree 15.6%

👥 Demographics

Median Age 39.1
Male median age 37.4
Female median age 42.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
67.9%
Good air days/yr
105
Max AQI recorded
166
PM2.5 days
199
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
18.8:1
Student-teacher ratio
55
Public schools
38,229
Total enrollment

Frequently Asked Questions

What is the cost of living in Covington, LA?

Covington has a cost index of 99 (100 = national average). It is 1% below the national average.

What is average rent in Covington, LA?

The median gross rent in Covington is $1,374 per month based on 2023 Census data.

What is the average home price in Covington?

The median home value in Covington is $292,500 according to Zillow and Census data.

What is the median income in Covington?

The median household income in Covington is $73,809 per year (2023 ACS 5-year estimates).

What is the sales tax in Covington, LA?

The combined state and local sales tax rate in Covington is 9.5%. The Louisiana state income tax top rate is 4.3%.

Is Covington, LA affordable?

Covington is near the national average in terms of cost of living, with an index of 99 (100 = US average).

Covington at a Glance

Population
11,568
Median Income
$73,809
Home Value
$292,500
Median Rent
$1,374/mo
Unemployment
4.9%
Sales Tax
9.5%
View all cities in Louisiana →
🗺️ County data for Louisiana

Explore county-level cost of living data

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