Cost of Living in Covington, LA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
122.4
100 = national avg
+22.4 vs national average
Living Wage (1 Adult)
$53,876
per year
Living Wage (Family of 4)
$127,344
per year
Cost Index by Category
Housing145.2
Food106.4
Transportation112.8
Healthcare105.1
Utilities112.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,130
per month
2 Bedroom
$1,331
per month
The overall cost of living index in Covington is 122.4, which is 22.4% above the national average. Housing costs are above the national average at an index of 145.2. A single adult needs to earn approximately $53,876 per year to cover basic expenses.