Ashland, KY vs Covington, KY

Ashland is moderately more affordable than Covington, with a 11.1% lower cost of living index. Ashland scores 67 compared to 76 for Covington, where the US average is 100. This difference means residents of Covington can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ashland is $859/month compared to $949/month in Covington — a 10% difference. Home values follow the same pattern: Ashland is more affordable at $125,300 median vs $167,900.

Median household income in Ashland is $52,199 compared to $58,814 in Covington (-11.2%). While Covington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ashland spend roughly 19.7% of their income on rent, more than the 19.4% in Covington.