Cost of Living: Cedar rapids, IA vs Banning, CA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Cedar rapids Banning
Housing Index 85.0 110.0
Median Home Price $214,000 $420,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1280 $1828

Housing Comparison: Cedar rapids vs Banning

  • The median home price in Banning is higher at $420,000, compared to $214,000 in Cedar rapids.
  • In Banning, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Cedar rapids.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Cedar rapids Banning
Electricity Price $14.82 $32.99
Natural Gas Price $15.61 $16.99
Other Utilities $225 $250

Utilities Comparison: Cedar rapids vs Banning

  • Banning has higher electricity costs at $32.99 per kWh, versus $14.82 in Cedar rapids.
  • Banning experiences higher natural gas costs at $16.99 per unit, with costs at $15.61 in Cedar rapids.
  • Banning has higher utility expenses, averaging $250, while Cedar rapids averages $225.