Cost of living in Corning research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Corning is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Corning is 108, with 100 being the average.
The cost of living index in Corning is 1.1x higher than the national average.
Corning ranks as the #94 cheapest in California out of 635.
Corning ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Corning is $186,500.
The median income in Corning is $48,313.
According to the most recent data on the cost of living, Corning has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to California, Corning has a cost of living index that's 0.8x lower than California's index of 139.
The standard of living in Corning ranks as #94 most affordable out of the 635 places we measured in California. By definition, that implies Corning ranks as the #541 most expensive place in the Golden State.
For more reading on life in Corning, check out:
Six factors go into calculating the cost of living index in Corning. Here is how it fairs on each of the criteria:
The Services index in Corning is 117.
The Groceries index in Corning is 109.
The Health index in Corning is 123.
The Housing index in Corning is 80.
The Transportation index in Corning is 131.
The Utilities index in Corning is 110.
Living Expense | Corning | California | National Average | |
---|---|---|---|---|
Overall | 108 | 139 | 100 | |
Services | 117 | 110 | 100 | |
Groceries | 109 | 112 | 100 | |
Health | 123 | 109 | 100 | |
Housing | 80 | 204 | 100 | |
Transportation | 131 | 126 | 100 | |
Utilities | 110 | 124 | 100 |
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Corning is $186,500.
The Median Rent in Corning is $1,032.
The Median Income in Corning is $48,313.
The Home Value To Income in Corning is 3.9x.
The Rent To Monthly Income in Corning is 0.26x.
Statistic | Corning | California | United States |
---|---|---|---|
Median Home Value | $186,500 | $573,200 | $244,900 |
Median Rent | $1,032 | $1,698 | $1,163 |
Median Income | $48,313 | $84,097 | $69,021 |
Home Value To Income | 3.9x | 6.8x | 3.5x |
Rent To Monthly Income | 0.26x | 0.24x | 0.2x |
Item | Corning | California |
---|---|---|
Shampoo | $1.24 | $1.06 |
Movie | $13.93 | $10.68 |
Bowling | $20.08 | $14.67 |
Haircut | $24.02 | $18.62 |
Beauty Salon | $62.28 | $39.05 |
Item | Corning | California |
---|---|---|
Ground Beef | $5.05 | $4.22 |
Fried Chicken | $1.31 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.2 | $3.29 |
Pizza | $17.03 | $10.62 |
Beer | $9.52 | $9.38 |
Toothpaste | $2.79 | $2.34 |
Item | Corning | California |
---|---|---|
Optometrist | $148.5 | $108.57 |
Doctor | $194.75 | $116.17 |
Dentist | $94.8 | $99.13 |
Item | Corning | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $51.87 | $50.07 |
Item | Corning | California |
---|---|---|
All Electricity | $192.37 | $167.67 |
Phone | $186.51 | $175.64 |
The cost of living varies in the cities and towns around Corning. Here's a quick look at the cost of living in the most populous nearby places:
Chico, CA has a cost of living index of 121, 1.1x Corning.
Redding, CA has a cost of living index of 115, 1.1x Corning.
Oroville, CA has a cost of living index of 104, 1.0x Corning.
City | Population | Cost Of Living | Vs. Corning |
---|---|---|---|
Chico, CA | 103,898 | 121 | 1.1x |
Redding, CA | 93,251 | 115 | 1.1x |
Oroville, CA | 20,409 | 104 | 1.0x |
Magalia, CA | 10,537 | 110 | 1.0x |
Orland, CA | 8,168 | 112 | 1.0x |
Paradise, CA | 7,730 | 113 | 1.0x |
Gridley, CA | 7,510 | 106 | 1.0x |
Willows, CA | 6,241 | 109 | 1.0x |
Durham, CA | 5,989 | 134 | 1.2x |
Palermo, CA | 5,387 | 109 | 1.0x |