Cost of living in Corcoran 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 Corcoran 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 Corcoran is 105, with 100 being the average.
The cost of living index in Corcoran is 1.1x higher than the national average.
Corcoran ranks as the #15 cheapest in California out of 634.
Corcoran ranks as the #3,177 cheapest out of 6,489 in the US.
The median home value in Corcoran is $263,065.
The median income in Corcoran is $55,909.
According to the most recent data on the cost of living, Corcoran has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to California, Corcoran has a cost of living index that's 0.7x lower than California's index of 141.
The standard of living in Corcoran ranks as #15 most affordable out of the 634 places we measured in California. By definition, that implies Corcoran ranks as the #619 most expensive place in the Golden State.
For more reading on life in Corcoran, check out:
Six factors go into calculating the cost of living index in Corcoran. Here is how it fairs on each of the criteria:
The Services index in Corcoran is 107.
The Groceries index in Corcoran is 109.
The Health index in Corcoran is 94.
The Housing index in Corcoran is 88.
The Transportation index in Corcoran is 126.
The Utilities index in Corcoran is 157.
| Living Expense | Corcoran | California | National Average | |
|---|---|---|---|---|
| Overall | 105 | 141 | 100 | |
| Services | 107 | 110 | 100 | |
| Groceries | 109 | 112 | 100 | |
| Health | 94 | 110 | 100 | |
| Housing | 88 | 195 | 100 | |
| Transportation | 126 | 125 | 100 | |
| Utilities | 157 | 128 | 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 2019-2023. The key points are:
The Median Home Value in Corcoran is $263,065.
The Median Rent in Corcoran is $1,012.
The Median Income in Corcoran is $55,909.
The Home Value To Income in Corcoran is 4.7x.
The Rent To Monthly Income in Corcoran is 0.22x.
| Statistic | Corcoran | California | United States |
|---|---|---|---|
| Median Home Value | $263,065 | $763,287 | $303,400 |
| Median Rent | $1,012 | $1,956 | $1,348 |
| Median Income | $55,909 | $96,334 | $78,538 |
| Home Value To Income | 4.7x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.24x | 0.21x |
| Item | Corcoran | California |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $18.12 | $12.13 |
| Bowling | $22.67 | $18 |
| Haircut | $26.25 | $24.26 |
| Beauty Salon | $89.33 | $45.56 |
| Item | Corcoran | California |
|---|---|---|
| Ground Beef | $5.77 | $5.84 |
| Fried Chicken | $2.63 | $1.57 |
| Milk | $4.91 | $4.67 |
| Potatoes | $4.9 | $4.93 |
| Pizza | $13.49 | $12.09 |
| Beer | $11.13 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
| Item | Corcoran | California |
|---|---|---|
| Optometrist | $142.2 | $125.68 |
| Doctor | $131.33 | $135.78 |
| Dentist | $131.5 | $113.29 |
| Item | Corcoran | California |
|---|---|---|
| Gasoline | $4.62 | $3.46 |
| Tire Balancing | $61.0 | $59.92 |
| Item | Corcoran | California |
|---|---|---|
| All Electricity | $231.4 | $193.99 |
| Phone | $193.81 | $192.25 |
The cost of living varies in the cities and towns around Corcoran. Here's a quick look at the cost of living in the most populous nearby places:
Visalia, CA has a cost of living index of 120, 1.1x Corcoran.
Tulare, CA has a cost of living index of 116, 1.1x Corcoran.
Hanford, CA has a cost of living index of 118, 1.1x Corcoran.
| City | Population | Cost Of Living | Vs. Corcoran |
|---|---|---|---|
| Visalia, CA | 142,649 | 120 | 1.1x |
| Tulare, CA | 69,984 | 116 | 1.1x |
| Hanford, CA | 59,389 | 118 | 1.1x |
| Reedley, CA | 25,446 | 117 | 1.1x |
| Coalinga, CA | 17,352 | 109 | 1.0x |
| McFarland, CA | 14,138 | 109 | 1.0x |
| Kingsburg, CA | 12,589 | 124 | 1.2x |
| Farmersville, CA | 10,336 | 107 | 1.0x |
| Earlimart, CA | 7,716 | 105 | 1.0x |
| Fowler, CA | 6,930 | 121 | 1.2x |