Cost of Living: Vincennes, IN vs Banning, CA

Housing

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

Metric Vincennes Banning
Housing Index 85.0 110.0
Median Home Price $153,000 $420,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1360 $1828

Housing Comparison: Vincennes vs Banning

  • The median home price in Banning is higher at $420,000, compared to $153,000 in Vincennes.
  • In Banning, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Vincennes.

Utilities

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

Metric Vincennes Banning
Electricity Price $14.89 $32.99
Natural Gas Price $Data is updating $16.99
Other Utilities $200 $250

Utilities Comparison: Vincennes vs Banning

  • Banning has higher electricity costs at $32.99 per kWh, versus $14.89 in Vincennes.
  • Natural gas price data is currently unavailable.
  • Banning has higher utility expenses, averaging $250, while Vincennes averages $200.