Cost of Living: Covington, TN vs Saratoga springs, NY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Covington Saratoga springs
Housing Index 85.0 120.0
Median Home Price $205,000 $430,000
Average Rent (2 BR Apartment) $1200 $2300
Average Rent (2 BR House) $1000 $2400

Housing Comparison: Covington vs Saratoga springs

  • The median home price in Saratoga springs is higher at $430,000, compared to $205,000 in Covington.
  • In Saratoga springs, the rental for a two-bedroom apartment stands at $2,300, while it is $1,200 in Covington.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Covington Saratoga springs
Electricity Price $12.57 $26.08
Natural Gas Price $12.35 $18.13
Other Utilities $200 $250

Utilities Comparison: Covington vs Saratoga springs

  • Saratoga springs has higher electricity costs at $26.08 per kWh, versus $12.57 in Covington.
  • Saratoga springs experiences higher natural gas costs at $18.13 per unit, with costs at $12.35 in Covington.
  • Saratoga springs has higher utility expenses, averaging $250, while Covington averages $200.