Cost of Living: Covington, VA vs Texarkana, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Covington | Texarkana |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $178,000 | $158,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1280 |
Housing Comparison: Covington vs Texarkana
- In Covington, the median home price is higher at $178,000, while in Texarkana it is $158,000.
- The rent for a two-bedroom apartment is equal in both Covington and Texarkana 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 | Texarkana |
|---|---|---|
| Electricity Price | $15.31 | $12.36 |
| Natural Gas Price | $19.91 | $17.08 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Covington vs Texarkana
- Electricity costs are higher in Covington at $15.31 per kWh, compared to $12.36 in Texarkana.
- Natural gas is more expensive in Covington at $19.91 per unit, while it is cheaper at $17.08 in Texarkana.
- Texarkana has higher utility expenses, averaging $250, while Covington averages $200.