Cost of living in Covington
Covington, located in Louisiana, is a charming city known for its vibrant community and rich history. Understanding the cost of living in Covington is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $16 on average, with a range between $10 and $50.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $57.5, with prices ranging from $45 to $120.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12, with a range between $10 and $14.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.5 to $8, imported beer $5 to $12, cappuccino $1.8 to $7, and Coke/Pepsi $1.35 to $3.69.
Grocery Prices
- Milk - Milk is priced between $0.69 and $1.46 per liter, averaging $0.9.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.57 and $4.73, with an average price of $2.86.
- Eggs (Dozen) - A dozen eggs range from $1.88 to $4.73, averaging $2.72.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.58 to $7.01 per kg, while oranges range from $1.94 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.43 and $6.61 per kg, and lettuce costs $1.77 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.76 and $0.97 per liter.
- Taxi Fares - Taxi fares start at $5, with a cost of $30 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1200 to $2369.19, averaging $1784.6.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1692.28.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $4399.92.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $3046.1.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $6769.11.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $4061.47.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $160 and $425, averaging $286.02.
- Internet - Internet services range from $45.35 to $159, with an average cost of $62.36.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Covington offers a moderate cost of living with relatively affordable dining and grocery prices.
Housing costs can vary significantly, especially in the city centre, where prices are higher.
Transportation and utility costs are reasonable, making Covington a balanced choice for potential residents.
Conclusion
In conclusion, Covington, LA, presents a balanced cost of living with affordable options in dining and groceries.
While housing in the city centre can be pricey, options outside the centre offer more budget-friendly alternatives.
Overall, Covington is a viable option for those seeking a moderate cost of living in a vibrant community.