Covington, IN vs South Haven, IN

There is a significant gap in the cost of living between these two cities. Covington is 20.4% cheaper than South Haven. With a cost index of 71 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Covington to South Haven should plan for substantially higher expenses across most categories.

On the housing front, median rent in Covington is $841/month compared to $1,308/month in South Haven — a 36% difference. Home values follow the same pattern: Covington is more affordable at $162,100 median vs $163,500.

Median household income in Covington is $54,962 compared to $78,530 in South Haven (-30%). While South Haven is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Covington spend roughly 18.4% of their income on rent, less than the 20% in South Haven.