Cost of Living: Covington, VA vs Penelope, TX

Housing

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

Metric Covington Penelope
Housing Index 90.0 Data is updating
Median Home Price $178,000 $180,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1360 $Data is updating

Housing Comparison: Covington vs Penelope

  • The median home price in Penelope is higher at $180,000, compared to $178,000 in Covington.
  • The rent for a two-bedroom apartment is equal in both Covington and Penelope 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 Penelope
Electricity Price $15.31 $14.47
Natural Gas Price $19.91 $26.29
Other Utilities $200 $Data is updating

Utilities Comparison: Covington vs Penelope

  • Electricity costs are higher in Covington at $15.31 per kWh, compared to $14.47 in Penelope.
  • Penelope experiences higher natural gas costs at $26.29 per unit, with costs at $19.91 in Covington.
  • Utility expenses are equal in both Covington and Penelope averaging $200.