Cost of Living in Banning, CA
Population 30,680 · California · Data vintage 2023
(100 = US avg)
Most of Banning's cost indicators track within a reasonable band of national figures, with median household incomes near $57,699 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. Unemployment has stayed elevated relative to the national figure — 6.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Banning sits roughly 20 miles east of Moreno Valley — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 30% lower than Moreno Valley's $461,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Banning
The median home value in Banning is $322,900 — 6% above the national median of $305,000. Median rent runs $1,528/month, 16% higher than the national median of $1,314/month. The median household income of $57,699/year is 23% lower than the US median of $74,580. The local unemployment rate is 6.8%, above the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. Overall, Banning has a cost of living index of 110 versus the US average of 100, meaning it is 10% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Banning, CA?
Banning has a cost index of 110 (100 = national average). It is 10% above the national average.
What is average rent in Banning, CA?
The median gross rent in Banning is $1,528 per month based on 2023 Census data.
What is the average home price in Banning?
The median home value in Banning is $322,900 according to Zillow and Census data.
What is the median income in Banning?
The median household income in Banning is $57,699 per year (2023 ACS 5-year estimates).
What is the sales tax in Banning, CA?
The combined state and local sales tax rate in Banning is 8.7%. The California state income tax top rate is 13.3%.
Is Banning, CA affordable?
Banning is near the national average in terms of cost of living, with an index of 110 (100 = US average).
Banning at a Glance
- Population
- 30,680
- Median Income
- $57,699
- Home Value
- $322,900
- Median Rent
- $1,528/mo
- Unemployment
- 6.8%
- Sales Tax
- 8.7%
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California Rankings
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