Amherst, VA vs Covington, VA
Covington is moderately more affordable than Amherst, with a 10.3% lower cost of living index. Amherst scores 70 compared to 63 for Covington, where the US average is 100. This difference means residents of Amherst can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Amherst is $686/month compared to $822/month in Covington — a 17% difference. Interestingly, home values tell a different story: while Amherst has cheaper rent, Covington actually has lower median home values ($80,200 vs $213,300).
Median household income in Amherst is $71,313 compared to $42,724 in Covington (+66.9%). While Amherst is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Amherst spend roughly 11.5% of their income on rent, less than the 23.1% in Covington.
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