Cost of Living in Covina, CA
Housing
The housing market plays a significant role in determining the cost of living in Covina, CA.
- Housing Index: 120.0 / 100
- Median Home Price is: $641,000
- Average Rent (2 BR Apartment): $2400 per month
- Average Rent (2 BR House): $2385 per month
Considering a move to Covina, CA? With a housing index of 120.0, the market is relatively competitive, indicating higher-than-average property values. The median home price stands at 641000, which may reflect a growing demand. Renting offers alternatives, with an average rent of 2400 for a two-bedroom apartment, slightly less for a two-bedroom house at 2385. Factors such as neighborhood amenities, job opportunities, and local schools should also play a significant role in your decision-making process to ensure the move aligns with your lifestyle expectations.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Covina, CA.
- Electricity Price: $32.99 USD (median by state)
- Natural Gas Price: $16.99 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Covina, CA could entail higher utility costs. Electricity costs sit at $32.99, while natural gas is priced at $16.99 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Covina is a financially viable option for your relocation.