Cost of Living: Covington, TN vs Waterproof, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Covington | Waterproof |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $205,000 | $90,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1000 | $Data is updating |
Housing Comparison: Covington vs Waterproof
- In Covington, the median home price is higher at $205,000, while in Waterproof it is $90,000.
- The rent for a two-bedroom apartment is equal in both Covington and Waterproof 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 | Covington | Waterproof |
|---|---|---|
| Electricity Price | $12.57 | $11.42 |
| Natural Gas Price | $12.35 | $19.48 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Covington vs Waterproof
- Electricity costs are higher in Covington at $12.57 per kWh, compared to $11.42 in Waterproof.
- Waterproof experiences higher natural gas costs at $19.48 per unit, with costs at $12.35 in Covington.
- Utility expenses are equal in both Covington and Waterproof averaging $200.