Cost of Living in Covington, TN
Overall index: 67 (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 | 47 | -53% | $637 |
| Transportation | 106 | +6% | $3.50 |
| Food | 58 | -42% | $238 |
| Utilities | 74 | -26% | $85 |
| Healthcare | 74 | -26% | $61 |
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, TN needs approximately $23,450 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Covington, TN?
The overall cost of living in Covington, TN is 33% lower than the US national average (index: 67 where 100 = national average).
How much is rent in Covington, TN?
Average rent for a 1-bedroom apartment in Covington, TN is about $637/month.
Is Covington, TN expensive to live in?
No, Covington, TN is affordable (below national average).
What salary do I need to live in Covington, TN?
A single adult needs roughly $23,450/year to cover basic living costs in Covington, TN.