Cost of Living: Auburn, AL vs Covington, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Auburn | Covington |
|---|---|---|
| Housing Index | 90.0 | 115.0 |
| Median Home Price | $299,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1240 | $1250 |
Housing Comparison: Auburn vs Covington
- In Auburn, the median home price is higher at $299,000, while in Covington it is $215,000.
- The rent for a two-bedroom apartment is equal in both Auburn and Covington at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Auburn | Covington |
|---|---|---|
| Electricity Price | $15.03 | $12.87 |
| Natural Gas Price | $21.76 | $22.78 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Auburn vs Covington
- Electricity costs are higher in Auburn at $15.03 per kWh, compared to $12.87 in Covington.
- Covington experiences higher natural gas costs at $22.78 per unit, with costs at $21.76 in Auburn.
- Covington has higher utility expenses, averaging $250, while Auburn averages $200.