Cost of Living in Covington, WA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
203.2
100 = national avg
+103.2 vs national average
Living Wage (1 Adult)
$89,401
per year
Living Wage (Family of 4)
$211,311
per year
Cost Index by Category
Housing266.1
Food146.9
Transportation193.7
Healthcare137.5
Utilities161.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,146
per month
2 Bedroom
$2,501
per month
The overall cost of living index in Covington is 203.2, which is 103.2% above the national average. Housing costs are above the national average at an index of 266.1. A single adult needs to earn approximately $89,401 per year to cover basic expenses.