Cost of living in Los Banos 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 Los Banos 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 Los Banos is 102, with 100 being the average.
The cost of living index in Los Banos is 1.0x higher than the national average.
Los Banos ranks as the #50 cheapest in California out of 635.
Los Banos ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Los Banos is $340,800.
The median income in Los Banos is $69,607.
According to the most recent data on the cost of living, Los Banos has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to California, Los Banos has a cost of living index that's 0.7x lower than California's index of 139.
The standard of living in Los Banos ranks as #50 most affordable out of the 635 places we measured in California. By definition, that implies Los Banos ranks as the #585 most expensive place in the Golden State.
For more reading on life in Los Banos, check out:
Six factors go into calculating the cost of living index in Los Banos. Here is how it fairs on each of the criteria:
The Services index in Los Banos is 89.
The Groceries index in Los Banos is 106.
The Health index in Los Banos is 113.
The Housing index in Los Banos is 103.
The Transportation index in Los Banos is 113.
The Utilities index in Los Banos is 131.
Living Expense | Los Banos | California | National Average | |
---|---|---|---|---|
Overall | 102 | 139 | 100 | |
Services | 89 | 110 | 100 | |
Groceries | 106 | 112 | 100 | |
Health | 113 | 109 | 100 | |
Housing | 103 | 204 | 100 | |
Transportation | 113 | 126 | 100 | |
Utilities | 131 | 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 Los Banos is $340,800.
The Median Rent in Los Banos is $1,333.
The Median Income in Los Banos is $69,607.
The Home Value To Income in Los Banos is 4.9x.
The Rent To Monthly Income in Los Banos is 0.23x.
Statistic | Los Banos | California | United States |
---|---|---|---|
Median Home Value | $340,800 | $573,200 | $244,900 |
Median Rent | $1,333 | $1,698 | $1,163 |
Median Income | $69,607 | $84,097 | $69,021 |
Home Value To Income | 4.9x | 6.8x | 3.5x |
Rent To Monthly Income | 0.23x | 0.24x | 0.2x |
Item | Los Banos | California |
---|---|---|
Shampoo | $1.06 | $1.06 |
Movie | $15.05 | $10.68 |
Bowling | $18.25 | $14.67 |
Haircut | $27.5 | $18.62 |
Beauty Salon | $50.52 | $39.05 |
Item | Los Banos | California |
---|---|---|
Ground Beef | $4.36 | $4.22 |
Fried Chicken | $2.03 | $1.39 |
Milk | $2.27 | $2.05 |
Potatoes | $3.2 | $3.29 |
Pizza | $10.74 | $10.62 |
Beer | $8.99 | $9.38 |
Toothpaste | $2.52 | $2.34 |
Item | Los Banos | California |
---|---|---|
Optometrist | $127.0 | $108.57 |
Doctor | $148.0 | $116.17 |
Dentist | $99.6 | $99.13 |
Item | Los Banos | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $45.0 | $50.07 |
Item | Los Banos | California |
---|---|---|
All Electricity | $260.15 | $167.67 |
Phone | $173.87 | $175.64 |
The cost of living varies in the cities and towns around Los Banos. Here's a quick look at the cost of living in the most populous nearby places:
Turlock, CA has a cost of living index of 110, 1.1x Los Banos.
Morgan Hill, CA has a cost of living index of 166, 1.6x Los Banos.
Riverbank, CA has a cost of living index of 107, 1.0x Los Banos.
City | Population | Cost Of Living | Vs. Los Banos |
---|---|---|---|
Turlock, CA | 72,494 | 110 | 1.1x |
Morgan Hill, CA | 45,267 | 166 | 1.6x |
Riverbank, CA | 24,714 | 107 | 1.0x |
Prunedale, CA | 19,893 | 131 | 1.3x |
Ripon, CA | 15,961 | 125 | 1.2x |
Salida, CA | 14,690 | 106 | 1.0x |
Newman, CA | 12,154 | 97 | 1.0x |
Madera Acres, CA | 10,106 | 104 | 1.0x |
Waterford, CA | 9,100 | 100 | 1.0x |
Hughson, CA | 7,425 | 112 | 1.1x |