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Amherst, VA vs Covington, VA

70
Amherst
Virginia
VS
+10.3%
63
Covington
Virginia

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.

Income & Cost

Cost of Living Index
Amherst
70
Covington
63
9% cheaper
Median Household Income
Amherst
$71,313
40% higher
Covington
$42,724

Housing

Median Rent
Amherst
$686
17% cheaper
Covington
$822
Median Home Value
Amherst
$213,300
Covington
$80,200
62% cheaper
Population
Amherst
2,124
Covington
5,671

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Amherst $2.98
Covington $2.98
US $3.07
🥚
Eggs (grade A, large)
Amherst $2.43
Covington $2.43
US $2.50
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Milk (whole)
Amherst $3.91
Covington $3.91
US $4.03
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Bread (white)
Amherst $1.80
Covington $1.80
US $1.85
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Chicken breast
Amherst $4.02
Covington $4.02
US $4.14
Electricity
Amherst $0.17
Covington $0.17
US $0.19