Cost of Living: Covington, VA vs Forest city, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Covington | Forest city |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $178,000 | $210,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1360 |
Housing Comparison: Covington vs Forest city
- The median home price in Forest city is higher at $210,000, compared to $178,000 in Covington.
- The rent for a two-bedroom apartment is equal in both Covington and Forest city 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 | Forest city |
|---|---|---|
| Electricity Price | $15.31 | $13.72 |
| Natural Gas Price | $19.91 | $Data is updating |
| Other Utilities | $200 | $200 |
Utilities Comparison: Covington vs Forest city
- Electricity costs are higher in Covington at $15.31 per kWh, compared to $13.72 in Forest city.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Covington and Forest city averaging $200.