Cost of Living: Stoughton, WI vs Banning, CA

Housing

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

Metric Stoughton Banning
Housing Index 110.7 110.0
Median Home Price $268,000 $420,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1360 $1828

Housing Comparison: Stoughton vs Banning

  • The median home price in Banning is higher at $420,000, compared to $268,000 in Stoughton.
  • In Banning, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Stoughton.

Utilities

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

Metric Stoughton Banning
Electricity Price $17.6 $32.99
Natural Gas Price $11.5 $16.99
Other Utilities $250 $250

Utilities Comparison: Stoughton vs Banning

  • Banning has higher electricity costs at $32.99 per kWh, versus $17.6 in Stoughton.
  • Banning experiences higher natural gas costs at $16.99 per unit, with costs at $11.5 in Stoughton.
  • Utility expenses are equal in both Stoughton and Banning averaging $250.