Banning, CA Cost Of Living

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Updated: 2020-03-08
Banning's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Banning is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Banning, CA?

According to the most recent data on the cost of living, Banning has an overall cost of living index of 107 which is 1.1x higher than the national index of 100.

Compared to only California, Banning has a cost of living index that's 0.8x lower than California's index of 140.

The standard of living in Banning ranks as #3874 most affordable out of the 6522 places we measured in California. By definition, that implies Banning ranks as the #2532 most expensive place in the Golden State.

For more reading on life in Banning, check out:

Banning Cost Of Living Vs. California

Living Expense Banning California National Average
Overall 107 140 100
Services 110 111 100
Groceries 116 118 100
Health 109 113 100
Housing 98 196 100
Transportation 130 128 100
Utilities 90 118 100
For more reading on cost of living around California, check out:
Banning Cost of Living Vs. CA

Banning, CA Housing Cost Breakdown

Housing swings affordability the most between places in California, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Banning California United States
Median Home Value $222,900 $475,900 $204,900
Median Rent $1,008 $1,429 $1,023
Median Income $41,038 $71,228 $60,293
Home Value To Income 5.4x 6.7x 3.4x
Rent To Monthly Income 0.29x 0.24x 0.2x

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Cost Of Living In Cities Around Banning

City Population Cost Of Living Vs. Banning
Moreno Valley, CA 205,034 116 1.1x
Redlands, CA 71,012 126 1.2x
Highland, CA 54,859 117 1.1x
Yucaipa, CA 53,264 115 1.1x
San Jacinto, CA 47,474 105 1.0x
Beaumont, CA 45,403 117 1.1x
East Hemet, CA 20,679 107 1.0x
Valle Vista, CA 16,879 101 0.9x
Mentone, CA 9,847 114 1.1x
Calimesa, CA 8,651 106 1.0x

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