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Covedale, OH vs Tallmadge, OH

94
Covedale
Ohio
VS
+15.1%
82
Tallmadge
Ohio

There is a significant gap in the cost of living between these two cities. Tallmadge is 15.1% cheaper than Covedale. With a cost index of 82 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Tallmadge to Covedale should plan for substantially higher expenses across most categories.

On the housing front, median rent in Covedale is $1,425/month compared to $1,008/month in Tallmadge — a 41% difference. Interestingly, home values tell a different story: while Tallmadge has cheaper rent, Covedale actually has lower median home values ($216,900 vs $226,400).

Median household income in Covedale is $96,318 compared to $91,273 in Tallmadge (+5.5%). Covedale does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Covedale spend roughly 17.8% of their income on rent, more than the 13.3% in Tallmadge.

Income & Cost

Cost of Living Index
Covedale
94
Tallmadge
82
13% cheaper
Median Household Income
Covedale
$96,318
5% higher
Tallmadge
$91,273

Housing

Median Rent
Covedale
$1,425
Tallmadge
$1,008
29% cheaper
Median Home Value
Covedale
$216,900
4% cheaper
Tallmadge
$226,400
Population
Covedale
6,306
Tallmadge
18,394

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Covedale $2.89
Tallmadge $2.89
US $3.07
🥚
Eggs (grade A, large)
Covedale $2.36
Tallmadge $2.35
US $2.50
🥛
Milk (whole)
Covedale $3.80
Tallmadge $3.79
US $4.03
🍞
Bread (white)
Covedale $1.75
Tallmadge $1.74
US $1.85
🍗
Chicken breast
Covedale $3.91
Tallmadge $3.90
US $4.14
Electricity
Covedale $0.17
Tallmadge $0.17
US $0.19