Cost of living in Covington, Virginia
Simple answer
Typical rent is $794 a month.
Covington is a city in Virginia. That rent number includes utilities. A typical household earns $41,944 a year.
- People
- 5,680
- Census average, 2020–2024
- Typical rent
- $794
- Median gross rent, includes utilities
- Typical pay
- $41,944
- Median household income, yearly
- Typical home
- $83,500
- Median home value
- 2-bedroom fair rent
- $943
- Alleghany County-Clifton Forge city-Covington city, VA HUD Nonmetro FMR Area
Covington, Virginia has about 5,680 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $83,500.
HUD's fair-market rent for a 2-bedroom in Covington city is $943 a month. That is the county number, not an apartment listing in Covington. It runs from October 2026 through September 2027.
Virginia's prices sit at 101.1 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.
Virginia taxes wages. A typical combined sales tax is 5.8% as of January 1, 2026. That mix is statewide, not Covington's exact store tax.
In July 2026, a typical Virginia home paid 17.55¢ per kilowatt-hour. That is a state average from EIA, not Covington's bill.
EIA did not publish a 2025 all-grades gas price for Virginia in the table we use.
Among 343 places we list in Virginia with a rent figure, 301 have higher typical rent than Covington.
Nearby places
- Clifton Forge
Typical rent $592
Compare with Covington - White Sulphur Springs
Typical rent $844
Compare with Covington - Buchanan
Typical rent $958
Compare with Covington - Lewisburg
Typical rent $893
Compare with Covington - Daleville
Typical rent $1,793
Compare with Covington - Fairlea
Typical rent $957
Compare with Covington - Ronceverte
Typical rent $858
- Blue Ridge
Typical rent $1,287
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Virginia
Bigger places in Virginia
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.