Cost of Living: Owensboro, KY vs Covington, KY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Owensboro, KY versus $4,254/mo in Covington, KY. In the model, rent is about 13.11% of gross in Owensboro, KY versus 13.83% in Covington, KY, so Owensboro, KY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Owensboro, KY and Covington, KY.
At a glance
- Cheaper overall (lower cost-of-living index): Covington, KY
- Lower rent (median 1BR/2BR): Owensboro, KY
- Lower home prices: Owensboro, KY
- Higher median household income: Covington, KY
Cost of Living Index
Owensboro, KY: 100 (U.S. = 100) · Covington, KY: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Owensboro, KY: $855/mo (midpoint of 1BR/2BR) · Covington, KY: $902/mo
Median rent in Covington, KY is $47/mo higher than in Owensboro, KY.
Median Home Price
Owensboro, KY: $162,900 · Covington, KY: $167,900
Median home price in Covington, KY is $5,000 higher than in Owensboro, KY.
Median Household Income
Owensboro, KY: $53,295 · Covington, KY: $58,814
Covington, KY has a higher median household income than Owensboro, KY by $5,519.
Owensboro, KY overview · Covington, KY overview · Popular comparisons