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Covington, OH vs Gratis, OH

65
Covington
Ohio
VS
-7.4%
70
Gratis
Ohio

Covington is moderately more affordable than Gratis, with a 7.4% lower cost of living index. Covington scores 65 compared to 70 for Gratis, where the US average is 100. This difference means residents of Gratis can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Covington is $625/month compared to $850/month in Gratis — a 27% difference. Interestingly, home values tell a different story: while Covington has cheaper rent, Gratis actually has lower median home values ($141,800 vs $162,200).

Median household income in Covington is $51,157 compared to $76,131 in Gratis (-32.8%). While Gratis 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 14.7% of their income on rent, more than the 13.4% in Gratis.

Climate-wise, both cities share similar average temperatures (53.9°F vs 54.1°F). Covington receives more rainfall at 41.3" per year compared to 41" in Gratis.

Income & Cost

Cost of Living Index
Covington
65
7% cheaper
Gratis
70
Median Household Income
Covington
$51,157
Gratis
$76,131
33% higher

Housing

Median Rent
Covington
$625
26% cheaper
Gratis
$850
Median Home Value
Covington
$162,200
Gratis
$141,800
13% cheaper
Population
Covington
2,573
Gratis
876

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Covington 53.9°F
Gratis 54.1°F
Summer High
Covington 86°F
Gratis 86°F
Winter Low
Covington 22°F
Gratis 22°F
Rainfall
Covington 41.3"
Gratis 41"
Rainy Days
Covington 134d
Gratis 140d