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 #3,874 most affordable out of the 6,522 places we measured in California. By definition, that implies Banning ranks as the #2,532 most expensive place in the Golden State.
|Living Expense||Banning||California||National Average|
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.
|City||Population||Cost Of Living||Vs. Banning|
|Moreno Valley, CA||207,289||116||1.1x|
|San Jacinto, CA||47,989||105||1.0x|
|East Hemet, CA||20,211||107||1.0x|
|Valle Vista, CA||17,663||101||0.9x|