2025 Compare Cities Cost of Living:
Covington, KY vs Richmond, KY

Change Cities
Highlights
Is it cheaper to live in Richmond or is it cheaper to live in Covington?
- Richmond is 6.0% less expensive than Covington.

Which city has more affordable housing, Richmond or Covington?
- Richmond housing costs are 48.0% more expensive than Covington housing costs.

Is Health Care more affordable in Covington or is Health Care more affordable in Richmond.
- Health related expenses are 4.7% less in Richmond.
 Covington, KYRichmond, KYUnited States
 Overall  Unlock83.9100
 Food & Groceries97.3  Unlock100
 Health  Unlock103.2100
 Housing50.6  Unlock100
 Median Home Cost  Unlock$249,300$338,100
 Utilities92  Unlock100
 Transportation  Unlock73.3100
 Miscellaneous86.7  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
DID YOU KNOW?

In order to keep your same standard of living your salary can vary greatly - whether you buy or rent, require child care, or want to include taxes. This is why we are now offering a Premium Salary & Cost of Living Calculator.

Our Premium Calculator Includes:
- Compare Cities cost of living across 9 different categories
- Personal salary calculations can optionally include Home ownership or rental, Child care, and Taxes (with details on state and local sales, income, property and automobile taxes)
- Includes the cost of Child Care for toddlers or infants, at a day care center or home care
- Grocery prices, detailed for 29 staple items in six categories
- Difference in cost of Utilities, including electric, gas and fuel oil
- Health Care Premiums and hospital expenses for major surgeries
- Taxes, Fees and Expenses you should know about, such as local car insurance rates, automobile taxes and registration, commuting costs.
- and 100s of other items you should consider before you relocate

Upgrade to Premium | See Example

Reviews for Covington    8 Reviews

Over 13 years ago

Covington is an amazing city with beautiful old homes, a rich history and just minutes away from Cincinnati Ohio and all the culture and wonderful events there. The  More

   |    Reply

Over 13 years ago

I grew in Covington an it used to be a great place to live but not anymoore , the crime rate is ridicoulis an herouin has taken the town over, downtown used to be  More

   |    Reply

Covington, Kentucky is a great place to live and work. Depending on what you do for work, Covington is a vibrant exciting city that sits directly on the Ohio River,  More

   |    Reply

Start Your Review of Covington

Reviews for Richmond    4 Reviews

Over 7 years ago

Keep this between us... Richmond is a hidden gem. A small university town close to a large city (Lexington is 30 minutes away) and less than two hour from very large  More

   |    Reply

For a smallish town, Richmond offers a convenient location and great small restaurants. Fortunately it is also wedged between Lexington and little Berea, both with more  More

   |    Reply

Over 16 years ago

Major university town of small size (30,000), and conveniently located 30 miles from Lexington,  More

   |    Reply

Start Your Review of Richmond


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.