Los Banos, CA, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Los Banos stands at 97, which is 3% lower than the national average of 100. Housing and transportation costs are particularly favorable, each at 95, while groceries are slightly higher at 102. This balance makes Los Banos an attractive option for those seeking affordability without sacrificing essential services.
Los Banos, CA, presents a cost of living that is slightly lower than the nationwide average. The housing index in Los Banos stands at 95, which is 5% below the national average of 100. This suggests that housing expenses in Los Banos are more affordable compared to the rest of the country. Similarly, the transportation index is also 95, indicating that costs related to commuting and vehicle expenses are in line with the lower housing costs.
Groceries in Los Banos have a cost of living index of 102, which is 2% higher than the national average. This means that while housing and transportation are cheaper, grocery expenses are slightly more expensive. The utilities index is 98, which is 2% below the national average, offering another area where residents can save money. Healthcare costs in Los Banos are at 97, which is 3% lower than the national average, providing a benefit in this essential area. Overall, Los Banos offers a cost of living that is generally favorable, with notable savings in housing, transportation, and healthcare.