Cost of Living in Covedale, OH

Population 6,306 · Ohio · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Covedale stay well under national norms: a median home value of $217,000 against median household incomes of $96,318 gives the city one of the more comfortable price-to-income ratios in Ohio. An unemployment rate of 0.5% points to a labor market well on the tight side of the national distribution.

Geographically, Covedale sits roughly 7 miles west of Cincinnati. Housing prices track closely with Cincinnati's $215,000 median.

Cost Overview

Housing 71
Rent 108

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

About the Cost of Living in Covedale

The median home value in Covedale is $216,900 — 29% below the national median of $305,000. Median rent runs $1,425/month, 8% higher than the national median of $1,314/month. The median household income of $96,318/year is 29% higher than the US median of $74,580. The local unemployment rate is 0.5%, below the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 64.4°F and lows of 44.9°F, with about 23.3" of annual snowfall. Overall, Covedale has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$216,900
29% below avg
Zillow Home Value
$146,657
Zillow ZHVI
Median Rent
$1,425/mo
8% above avg
Price-to-Rent Ratio
12.7x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$686
1 BR
$748
2 BR
$929
3 BR
$1,199
4 BR
$1,374
Owner-occupied 90.7%
Renter-occupied 9.3%

💰 Estimated Monthly Budget

Rent median rent
$1,425
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,039/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
29.1 min
8% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.6%

Commute Mode

Drove alone
74.1%
Carpooled
8.2%
Walked
1.1%
Work from home
16.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 3.8%
Total Sales Tax 7.2%
State rate 5.8%
Avg local rate 1.4%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$96,318
29% above avg
Per Capita Income
$51,306
Unemployment Rate
0.5%
89% below avg
Poverty Rate
5.8%
Labor Force Participation
69.6%

🎓 Education

Bachelor's degree+ 28.1%
Graduate degree 15.2%

👥 Demographics

Median Age 43.1
Male median age 40.5
Female median age 43.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.4°F
Avg Low
44.9°F
Annual Precip
45.3"
Annual Snowfall
23.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404454667583868579675443
Low °F 232634445462666557463528
Precip" 3.303.174.164.534.674.753.833.433.113.353.233.73
Snow" 7.76.73.40.40.00.00.00.00.00.20.84.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 54 — Moderate
35.3%
Good air days/yr
193
Max AQI recorded
260
PM2.5 days
103
Ozone days

Frequently Asked Questions

What is the cost of living in Covedale, OH?

Covedale has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Covedale, OH?

The median gross rent in Covedale is $1,425 per month based on 2023 Census data.

What is the average home price in Covedale?

The median home value in Covedale is $216,900 according to Zillow and Census data.

What is the median income in Covedale?

The median household income in Covedale is $96,318 per year (2023 ACS 5-year estimates).

What is the sales tax in Covedale, OH?

The combined state and local sales tax rate in Covedale is 7.2%. The Ohio state income tax top rate is 3.8%.

Is Covedale, OH affordable?

Yes, Covedale is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

What is the weather like in Covedale?

Covedale has average high temperatures of 64.4°F and average lows of 44.9°F. Annual precipitation is 45.3". Average annual snowfall is 23.3". Data from NOAA 1991–2020 Climate Normals.

Covedale at a Glance

Population
6,306
Median Income
$96,318
Home Value
$216,900
Median Rent
$1,425/mo
Unemployment
0.5%
Avg High Temp
64.4°F
Sales Tax
7.2%
View all cities in Ohio →
🗺️ County data for Ohio

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs