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Andrews, IN vs Covington, IN

60
Andrews
Indiana
VS
-15%
71
Covington
Indiana

There is a significant gap in the cost of living between these two cities. Andrews is 15% cheaper than Covington. With a cost index of 60 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Andrews to Covington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Andrews is $681/month compared to $841/month in Covington — a 19% difference. Home values follow the same pattern: Andrews is more affordable at $84,600 median vs $162,100.

Median household income in Andrews is $47,000 compared to $54,962 in Covington (-14.5%). The higher salaries in Covington partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Andrews spend roughly 17.4% of their income on rent, less than the 18.4% in Covington.

Income & Cost

Cost of Living Index
Andrews
60
15% cheaper
Covington
71
Median Household Income
Andrews
$47,000
Covington
$54,962
14% higher

Housing

Median Rent
Andrews
$681
19% cheaper
Covington
$841
Median Home Value
Andrews
$84,600
48% cheaper
Covington
$162,100
Population
Andrews
1,068
Covington
3,112

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Andrews
Covington $2.91
US $3.07
🥚
Eggs (grade A, large)
Andrews
Covington $2.37
US $2.50
🥛
Milk (whole)
Andrews
Covington $3.82
US $4.03
🍞
Bread (white)
Andrews
Covington $1.75
US $1.85
🍗
Chicken breast
Andrews
Covington $3.93
US $4.14
Electricity
Andrews
Covington $0.16
US $0.19