Covington, OH vs Rutland, OH

Covington, OH and Rutland, OH have a very similar cost of living, with only a 4.9% difference in their overall index. Covington scores 65 while Rutland scores 62 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Covington is $625/month compared to $742/month in Rutland — a 16% difference. Interestingly, home values tell a different story: while Covington has cheaper rent, Rutland actually has lower median home values ($85,000 vs $162,200).

Median household income in Covington is $51,157 compared to $69,375 in Rutland (-26.3%). Rutland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Covington spend roughly 14.7% of their income on rent, more than the 12.8% in Rutland.