Cost of Living in Corona, CA
Housing
The housing market plays a significant role in determining the cost of living in Corona, CA.
- Housing Index: 120.5 / 100
- Median Home Price is: $651000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2400 per month
When considering a move to Corona, CA, the housing market presents mixed signals. With a housing index of 120.5, properties may feel slightly expensive relative to broader markets. The median home price of 651000 indicates a premium investment, while rents stand at 2300 for apartments and 2400 for houses. This suggests a robust rental market but may complicate affordability for potential buyers. Investigating local job opportunities and lifestyle factors is vital before making a commitment, as these elements heavily influence long-term satisfaction with your housing choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Corona, CA.
- Electricity Price: $32.99 USD (median by state)
- Natural Gas Price: $16.99 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Corona, CA could entail higher utility costs. Electricity costs sit at $32.99, while natural gas is priced at $16.99 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Corona is a financially viable option for your relocation.