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Covington, TN vs East Ridge, TN

73
Covington
Tennessee
VS
-9.6%
81
East Ridge
Tennessee

Covington is moderately more affordable than East Ridge, with a 9.6% lower cost of living index. Covington scores 73 compared to 81 for East Ridge, where the US average is 100. This difference means residents of East Ridge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Covington is $910/month compared to $1,112/month in East Ridge — a 18% difference. Home values follow the same pattern: Covington is more affordable at $163,900 median vs $182,500.

Median household income in Covington is $43,512 compared to $55,988 in East Ridge (-22.3%). While East Ridge 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 25.1% of their income on rent, more than the 23.8% in East Ridge.

Income & Cost

Cost of Living Index
Covington
73
10% cheaper
East Ridge
81
Median Household Income
Covington
$43,512
East Ridge
$55,988
22% higher

Housing

Median Rent
Covington
$910
18% cheaper
East Ridge
$1,112
Median Home Value
Covington
$163,900
10% cheaper
East Ridge
$182,500
Population
Covington
8,612
East Ridge
22,034

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Covington $2.89
East Ridge $2.88
US $3.07
🥚
Eggs (grade A, large)
Covington $2.36
East Ridge $2.35
US $2.50
🥛
Milk (whole)
Covington $3.80
East Ridge $3.79
US $4.03
🍞
Bread (white)
Covington $1.75
East Ridge $1.74
US $1.85
🍗
Chicken breast
Covington $3.91
East Ridge $3.90
US $4.14
Electricity
Covington $0.15
East Ridge $0.15
US $0.19