Covedale, OH Cost Of Living
Cost Of Living In Covedale, OH Summary
Cost of living in Covedale research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Covedale is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Covedale is 97, with 100 being the average.
The cost of living index in Covedale is 1.0x lower than the national average.
Covedale ranks as the #219 cheapest in Ohio out of 286.
Covedale ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Covedale is $164,100.
The median income in Covedale is $80,000.
Table Of Contents
Covedale's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Covedale, OH?
According to the most recent data on the cost of living, Covedale has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Ohio, Covedale has a cost of living index that's 1.1x higher than Ohio's index of 91.
The standard of living in Covedale ranks as #219 most affordable out of the 286 places we measured in Ohio. By definition, that implies Covedale ranks as the #67 most expensive place in the Buckeye State.
For more reading on life in Covedale, check out:
- Living In Covedale
- Search Homes For Sale In Covedale, OH
In Ohio
In America
Covedale Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Covedale. Here is how it fairs on each of the criteria:
The Services index in Covedale is 98.
The Groceries index in Covedale is 94.
The Health index in Covedale is 98.
The Housing index in Covedale is 92.
The Transportation index in Covedale is 106.
The Utilities index in Covedale is 86.
| Living Expense | Covedale | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 97 | 91 | 100 | |
| Services | 98 | 98 | 100 | |
| Groceries | 94 | 101 | 100 | |
| Health | 98 | 95 | 100 | |
| Housing | 92 | 73 | 100 | |
| Transportation | 106 | 98 | 100 | |
| Utilities | 86 | 93 | 100 | |
Covedale, OH Housing Cost Breakdown
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Covedale is $164,100.
The Median Rent in Covedale is $873.
The Median Income in Covedale is $80,000.
The Home Value To Income in Covedale is 2.1x.
The Rent To Monthly Income in Covedale is 0.13x.
| Statistic | Covedale | Ohio | United States |
|---|---|---|---|
| Median Home Value | $164,100 | $159,900 | $244,900 |
| Median Rent | $873 | $870 | $1,163 |
| Median Income | $80,000 | $61,938 | $69,021 |
| Home Value To Income | 2.1x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Covedale, OH Costs By Category
Detailed Covedale Services Costs Vs. Ohio
Detailed Covedale Groceries Costs Vs. Ohio
Detailed Covedale Health Costs Vs. Ohio
Detailed Covedale Transportation Costs Vs. Ohio
Detailed Covedale Utilities Costs Vs. Ohio
Covedale SnackAbility
/10
Cost Of Living In Cities Around Covedale
The cost of living varies in the cities and towns around Covedale. Here's a quick look at the cost of living in the most populous nearby places:
Bridgetown, OH has a cost of living index of 90, 0.9x Covedale.
Blue Ash, OH has a cost of living index of 103, 1.1x Covedale.
Monfort Heights, OH has a cost of living index of 98, 1.0x Covedale.
| City | Population | Cost Of Living | Vs. Covedale |
|---|---|---|---|
| Bridgetown, OH | 13,257 | 90 | 0.9x |
| Blue Ash, OH | 13,229 | 103 | 1.1x |
| Monfort Heights, OH | 13,221 | 98 | 1.0x |
| Mack, OH | 11,452 | 104 | 1.1x |
| Dent, OH | 11,069 | 96 | 1.0x |
| Montgomery, OH | 10,796 | 115 | 1.2x |
| Forestville, OH | 10,485 | 99 | 1.0x |
| Francisville, KY | 10,088 | 110 | 1.1x |
| Madeira, OH | 9,397 | 110 | 1.1x |
| Wyoming, OH | 8,691 | 112 | 1.2x |
