Banning, CA, displays a cost of living index slightly above the national average. The overall cost of living in Banning is 103%, indicating it is 3% more expensive than the nationwide standard. Specifically, housing costs are 20% higher, while transportation expenses are 10% greater. Conversely, groceries and miscellaneous items are relatively less expensive, at 5% below the national average.
Banning, CA, has a cost of living index that presents a mix of higher and lower expenses compared to the nationwide average. Housing costs in Banning stand at 120, indicating they are 20% higher than the average. This means that renters or homeowners in Banning will likely spend more on housing than those in other areas. Despite this increase, groceries cost slightly less in Banning, with an index of 95. This represents a 5% decrease from the nationwide average, offering some relief for those managing their food budget.
When it comes to utilities, the index in Banning is 105, which is 5% above the national average. For transportation, the index is 110, showing an increase of 10%. These figures suggest that daily commuting and other transportation-related expenses are more costly here. Healthcare, however, remains in line with the nationwide average at 100, offering no extra costs in this essential area. Miscellaneous expenses show a decrease, with an index of 90, meaning they are 10% lower than average. Job seekers can benefit from these lower miscellaneous costs while being mindful of the higher housing and transportation expenses.
