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Covington, LA vs Kaplan, LA

98
Covington
Louisiana
VS
+46.6%
67
Kaplan
Louisiana

The cost of living difference between Covington, LA and Kaplan, LA is dramatic. Kaplan is 46.6% cheaper than Covington, a gap that translates to thousands of dollars per year in household expenses. Covington has a cost index of 98 while Kaplan sits at 67, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Covington is $1,374/month compared to $782/month in Kaplan — a 76% difference. Home values follow the same pattern: Kaplan is more affordable at $153,800 median vs $292,500.

Median household income in Covington is $73,809 compared to $36,578 in Kaplan (+101.8%). 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 Covington spend roughly 22.3% of their income on rent, less than the 25.7% in Kaplan.

Income & Cost

Cost of Living Index
Covington
98
Kaplan
67
32% cheaper
Median Household Income
Covington
$73,809
50% higher
Kaplan
$36,578

Housing

Median Rent
Covington
$1,374
Kaplan
$782
43% cheaper
Median Home Value
Covington
$292,500
Kaplan
$153,800
47% cheaper
Population
Covington
11,568
Kaplan
4,271

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Covington $2.85
Kaplan $2.85
US $3.07
🥚
Eggs (grade A, large)
Covington $2.33
Kaplan $2.33
US $2.50
🥛
Milk (whole)
Covington $3.74
Kaplan $3.74
US $4.03
🍞
Bread (white)
Covington $1.72
Kaplan $1.72
US $1.85
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Chicken breast
Covington $3.85
Kaplan $3.85
US $4.14
Electricity
Covington $0.15
Kaplan $0.14
US $0.19