Firstly, we derive in dimension one a new covariance inequality of $L_{1}-L_{infty}$ type that characterizes the isoperimetric constant as the best constant achieving the inequality. Secondly, we generalize our result to $L_{p}-L_{q}$ bounds for the covariance. Consequently, we recover Cheegers inequality without using the co-area formula. We also prove a generalized weighted Hardy type inequality that is needed to derive our covariance inequalities and that is of independent interest. Finally, we explore some consequences of our covariance inequalities for $L_{p}$-Poincar{e} inequalities and moment bounds. In particular, we obtain optimal constants in general $L_{p}$-Poincar{e} inequalities for measures with finite isoperimetric constant, thus generalizing in dimension one Cheegers inequality, which is a $L_{p}$-Poincar{e} inequality for $p=2$, to any real $pgeq 1$.
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