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Covington, VA vs Prince George, VA

63
Covington
Virginia
VS
-37.6%
102
Prince George
Virginia

The cost of living difference between Covington, VA and Prince George, VA is dramatic. Covington is 37.6% cheaper than Prince George, a gap that translates to thousands of dollars per year in household expenses. Covington has a cost index of 63 while Prince George sits at 102, 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 $822/month compared to $1,529/month in Prince George — a 46% difference. Home values follow the same pattern: Covington is more affordable at $80,200 median vs $254,300.

Median household income in Covington is $42,724 compared to $71,831 in Prince George (-40.5%). While Prince George 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 23.1% of their income on rent, less than the 25.5% in Prince George.

Income & Cost

Cost of Living Index
Covington
63
38% cheaper
Prince George
102
Median Household Income
Covington
$42,724
Prince George
$71,831
41% higher

Housing

Median Rent
Covington
$822
46% cheaper
Prince George
$1,529
Median Home Value
Covington
$80,200
68% cheaper
Prince George
$254,300
Population
Covington
5,671
Prince George
2,066

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Covington $2.98
Prince George $2.98
US $3.07
🥚
Eggs (grade A, large)
Covington $2.43
Prince George $2.43
US $2.50
🥛
Milk (whole)
Covington $3.91
Prince George $3.91
US $4.03
🍞
Bread (white)
Covington $1.80
Prince George $1.80
US $1.85
🍗
Chicken breast
Covington $4.02
Prince George $4.02
US $4.14
Electricity
Covington $0.17
Prince George $0.17
US $0.19