College Costs in Covington, KY 2026
Compare tuition, housing, and financial aid across 2 colleges in Covington, Kentucky. Use our free calculator to estimate your total cost.
Avg Public Tuition
$11,600
per year
Avg Private Tuition
$30,000
per year
Avg Rent Near Campus
$525
per month
Colleges & Universities
2
institutions
Covington Overview
Population
40,735
Student Population
3,403 (8.4%)
Cost of Living Index
88.5 (avg: 100)
Walk Score
35/100
Transit Score
20/100
Unemployment Rate
3.4%
College Cost Calculator for Covington
Cost Inputs
Total Cost (4 Years, Public In-State)
$99,068
Total After Financial Aid
$99,068
Annual Cost
$24,767
Annual After Aid
$24,767
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $99,068 |
| Monthly Payment | $1,125 |
| Total Interest | $35,920 |
| Total Loan Cost | $134,988 |
Universities in Covington
| University | Type | Annual Tuition |
|---|---|---|
| Covington State University | Public | $11,732 |
| Covington Community College | Community | $4,786 |
Covington has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Covington vs. National Average
| Category | Covington | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $11,600 | $10,940 | +$660 |
| Monthly Rent Near Campus | $525 | $1,050 | -$525 |
| Cost of Living Index | 88.5 | 100 | -11.5 |
Covington's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Covington
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
3,403 students
Covington has a total population of 40,735, with approximately 3,403 college students (8.4% of the population). Covington has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Covington
$24,872
Starting Salary
3.4%
Unemployment Rate
67%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Covington earn a median starting salary of $24,872, which is -$10,128 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $99,068 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $13,939 per student per year, the net cost and payback period can be significantly reduced.
Other Cities in Kentucky
Louisville
17 colleges · Avg tuition $12,324
Lexington
14 colleges · Avg tuition $12,360
Bowling Green
5 colleges · Avg tuition $11,136
Murray
3 colleges · Avg tuition $9,456
Danville
3 colleges · Avg tuition $10,643
Berea
2 colleges · Avg tuition $9,683
Owensboro
3 colleges · Avg tuition $11,600
Richmond
2 colleges · Avg tuition $11,600
Georgetown
2 colleges · Avg tuition $11,600
Nicholasville
2 colleges · Avg tuition $11,600
Florence
2 colleges · Avg tuition $11,600
Elizabethtown
2 colleges · Avg tuition $11,600
Frequently Asked Questions
Related Calculators
Explore 350+ Cities Across the U.S.
Compare college costs, housing, and student life in every major U.S. city.
Browse All Cities