Housing costs in Covington township (Lackawanna County)?
A typical home costs
$290,800, which is 14.0% less expensive than the national average of
$338,100 and 19.8% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Covington township (Lackawanna County) costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 10.0% cheaper than the state average of
$1,210.
Can I afford Covington township (Lackawanna County)?
To live comfortably in Covington township (Lackawanna County), Pennsylvania, a minimum annual income of
$55,800 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Covington township (Lackawanna County)?
The cost of living in Covington Township (Lackawanna County), PA is quite affordable compared to many other areas of the state and country. The median home value in this area is around $113,000, making it an affordable place to live. Additionally, the cost of groceries and healthcare are also significantly lower than those found in larger cities. The unemployment rate in Covington Township is only 4%, which shows that there are plenty of viable job opportunities available. Overall, the cost of living in Covington Township makes it an excellent choice for families looking for a comfortable lifestyle at an affordable price point.