Cost of Living in Covington, KY
Overall index: 70 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 48 | -52% | $664 |
| Transportation | 102 | +2% | $3.50 |
| Food | 79 | -21% | $324 |
| Utilities | 74 | -26% | $86 |
| Healthcare | 74 | -26% | $62 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Covington?
A single adult living comfortably in Covington, KY needs approximately $24,500 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Covington, KY?
The overall cost of living in Covington, KY is 30% lower than the US national average (index: 70 where 100 = national average).
How much is rent in Covington, KY?
Average rent for a 1-bedroom apartment in Covington, KY is about $664/month.
Is Covington, KY expensive to live in?
No, Covington, KY is affordable (below national average).
What salary do I need to live in Covington, KY?
A single adult needs roughly $24,500/year to cover basic living costs in Covington, KY.