Corona, CA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Corona, CA Summary

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.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
134
Corona's Overall Cost Of Living
1.3x
Higher Than The National Average

What is the cost of living in Corona, CA?

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:

312 out of 635
In California
5,400 out of 6,412
In America

Corona Cost Of Living Vs. California

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
For more reading on cost of living around California, check out:
Corona Cost of Living Vs. CA

Corona, CA Housing Cost Breakdown

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
Search Homes For Sale In Corona, CA
$530,100
Median Home Value
$1,802
Median Rent
$95,268
Median Income

Corona, CA Costs By Category

Detailed Corona Services Costs Vs. California

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

Detailed Corona Groceries Costs Vs. California

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

Detailed Corona Health Costs Vs. California

Item Corona California
Optometrist $106.53 $108.57
Doctor $100.28 $116.17
Dentist $114.52 $99.13

Detailed Corona Transportation Costs Vs. California

Item Corona California
Gasoline $3.32 $2.22
Tire Balancing $52.6 $50.07

Detailed Corona Utilities Costs Vs. California

Item Corona California
All Electricity $138.7 $167.67
Phone $176.01 $175.64

Corona SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9.5
Affordability
4
Diversity
9.5
Safety
7
Amenities
9.5
Education
7
Commute
3

Cost Of Living In Cities Around Corona

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

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