Cost of living in Corona 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 Corona 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 Corona is 134, with 100 being the average.
The cost of living index in Corona is 1.3x higher than the national average.
Corona ranks as the #312 cheapest in California out of 635.
Corona ranks as the #5,400 cheapest out of 6,412 in the US.
The median home value in Corona is $530,100.
The median income in Corona is $95,268.
According to the most recent data on the cost of living, Corona has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to California, Corona has a cost of living index that's 1.0x lower than California's index of 139.
The standard of living in Corona ranks as #312 most affordable out of the 635 places we measured in California. By definition, that implies Corona ranks as the #323 most expensive place in the Golden State.
For more reading on life in Corona, check out:
Six factors go into calculating the cost of living index in Corona. Here is how it fairs on each of the criteria:
The Services index in Corona is 112.
The Groceries index in Corona is 113.
The Health index in Corona is 103.
The Housing index in Corona is 190.
The Transportation index in Corona is 137.
The Utilities index in Corona is 91.
Living Expense | Corona | California | National Average | |
---|---|---|---|---|
Overall | 134 | 139 | 100 | |
Services | 112 | 110 | 100 | |
Groceries | 113 | 112 | 100 | |
Health | 103 | 109 | 100 | |
Housing | 190 | 204 | 100 | |
Transportation | 137 | 126 | 100 | |
Utilities | 91 | 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 Corona is $530,100.
The Median Rent in Corona is $1,802.
The Median Income in Corona is $95,268.
The Home Value To Income in Corona is 5.6x.
The Rent To Monthly Income in Corona is 0.23x.
Statistic | Corona | California | United States |
---|---|---|---|
Median Home Value | $530,100 | $573,200 | $244,900 |
Median Rent | $1,802 | $1,698 | $1,163 |
Median Income | $95,268 | $84,097 | $69,021 |
Home Value To Income | 5.6x | 6.8x | 3.5x |
Rent To Monthly Income | 0.23x | 0.24x | 0.2x |
Item | Corona | California |
---|---|---|
Shampoo | $1.17 | $1.06 |
Movie | $14.48 | $10.68 |
Bowling | $24.56 | $14.67 |
Haircut | $22.6 | $18.62 |
Beauty Salon | $66.25 | $39.05 |
Item | Corona | California |
---|---|---|
Ground Beef | $4.58 | $4.22 |
Fried Chicken | $1.72 | $1.39 |
Milk | $2.19 | $2.05 |
Potatoes | $2.99 | $3.29 |
Pizza | $11.66 | $10.62 |
Beer | $9.82 | $9.38 |
Toothpaste | $2.48 | $2.34 |
Item | Corona | California |
---|---|---|
Optometrist | $106.53 | $108.57 |
Doctor | $100.28 | $116.17 |
Dentist | $114.52 | $99.13 |
Item | Corona | California |
---|---|---|
Gasoline | $3.32 | $2.22 |
Tire Balancing | $52.6 | $50.07 |
Item | Corona | California |
---|---|---|
All Electricity | $138.7 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Corona. Here's a quick look at the cost of living in the most populous nearby places:
Riverside, CA has a cost of living index of 124, 0.9x Corona.
Irvine, CA has a cost of living index of 182, 1.4x Corona.
Orange, CA has a cost of living index of 158, 1.2x Corona.
City | Population | Cost Of Living | Vs. Corona |
---|---|---|---|
Riverside, CA | 314,858 | 124 | 0.9x |
Irvine, CA | 297,868 | 182 | 1.4x |
Orange, CA | 139,195 | 158 | 1.2x |
Mission Viejo, CA | 93,932 | 166 | 1.2x |
Chino, CA | 90,279 | 132 | 1.0x |
Lake Forest, CA | 85,516 | 159 | 1.2x |
Chino Hills, CA | 78,229 | 159 | 1.2x |
Eastvale, CA | 68,539 | 154 | 1.1x |
Yorba Linda, CA | 68,319 | 181 | 1.4x |
Diamond Bar, CA | 55,339 | 165 | 1.2x |