Cost of Living in Corona, CA

Population 158,839 · California · Data vintage 2023

194

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Corona sits 115% above the national median — $657,000 for the typical home — but median household incomes near $106,438 (43% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Cost Overview

Housing 215

Rent 163

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Corona

The median home value in Corona is $656,500 — 115% above the national median of $305,000. Median rent runs $2,136/month, 63% higher than the national median of $1,314/month. The median household income of $106,438/year is 43% higher than the US median of $74,580. The local unemployment rate is 5.4%, 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, Corona has a cost of living index of 194 versus the US average of 100, meaning it is 94% more expensive.

🏠 Housing

Median Home Value

$656,500

115% above avg

Zillow Home Value

$755,544

Zillow ZHVI

Median Rent

$2,136/mo

63% above avg

Zillow Rent

$2,701/mo

Zillow ZORI

Price-to-Rent Ratio

25.6x

Favors renting

Property Tax Rate

0.7%

Effective rate

HUD Fair Market Rents by Bedroom

Studio

$1,195

1 BR

$1,241

2 BR

$1,544

3 BR

$2,163

4 BR

$2,556

Owner-occupied 63.4%

Renter-occupied 36.6%

💰 Estimated Monthly Budget

Rent median rent

$2,136

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $2,750/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚

Eggs (dozen)

$0.548

🍞

White Bread (lb)

$1.912

🥩

Ground Beef (lb)

$5.61

🚗 Transportation

Avg Commute

38.8 min

44% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

11.9%

Commute Mode

Drove alone

76.2%

Carpooled

8.1%

Public transit

0.9%

Walked

0.6%

Bicycle

0.2%

Work from home

11.9%

⚡ Utilities

Electricity

$0.176/kWh

0% below avg

📋 Taxes

State Income Tax 13.3%

Total Sales Tax 8.7%

State rate 7.3%

Avg local rate 1.4%

Property Tax 0.7%

💼 Income & Employment

Median Household Income

$106,438

43% above avg

Per Capita Income

$40,453

Unemployment Rate

5.4%

13% above avg

Poverty Rate

9.1%

Labor Force Participation

66.7%

🎓 Education

Bachelor's degree+ 20.8%

Graduate degree 10.1%

👥 Demographics

Median Age 37.3

Male median age 36.1

Female median age 38.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 79 — Moderate

17%

Good air days/yr

660

Max AQI recorded

PM2.5 days

207

Ozone days

Frequently Asked Questions

What is the cost of living in Corona, CA?

Corona has a cost index of 194 (100 = national average). It is 94% above the national average.

What is average rent in Corona, CA?

The median gross rent in Corona is $2,136 per month based on 2023 Census data.

What is the average home price in Corona?

The median home value in Corona is $656,500 according to Zillow and Census data.

What is the median income in Corona?

The median household income in Corona is $106,438 per year (2023 ACS 5-year estimates).

What is the sales tax in Corona, CA?

The combined state and local sales tax rate in Corona is 8.7%. The California state income tax top rate is 13.3%.

Is Corona, CA affordable?

Corona is above average in cost of living, with an index of 194 — about 94% higher than the national average.

Corona at a Glance

Population: 158,839
Median Income: $106,438
Home Value: $656,500
Median Rent: $2,136/mo
Unemployment: 5.4%
Sales Tax: 8.7%

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