CostIndexUSA

Corona, CA vs Fargo, ND Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Corona
106.4
overall index
$2,475/mo rent
More AffordableND
Fargo
90.9
overall index
$1,100/mo rent

Fargo is moderately cheaper than Corona — 14.6% lower overall cost of living.

To match an $80,000 salary in Corona, you would need $68,300 in Fargo. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing37.3%
Corona
129.3
Fargo
81.1
🛒 Groceries5.6%
Corona
101.4
Fargo
95.7
🚗 Transportation9.8%
Corona
106.3
Fargo
95.9
🏥 Healthcare9.8%
Corona
96.2
Fargo
86.8
Utilities48.0%
Corona
148.6
Fargo
77.3

Salary Equivalency Calculator

Enter your current salary in Corona to see what you'd need to earn in Fargo to maintain the same purchasing power.

$
Equivalent salary in Fargo, ND
$68,300
$11,700 less needed in Fargo

Formula: salary × (90.9 ÷ 106.4) = salary × 0.8543. Based on BEA Regional Price Parities.

Housing Market

Corona, CA

Median Home Price
$576,000
Median Monthly Rent
$2,475
Housing Index
129.3
Price-to-Rent Ratio
19.4×

Fargo, ND

Median Home Price
$313,000
Median Monthly Rent
$1,100
Housing Index
81.1
Price-to-Rent Ratio
23.7×

Corona has 37.3% lower housing costs compared to Fargo.

Income & Job Market

Corona, CA

Median Household Income
$87,800
Per Capita Income
$50,000
Unemployment Rate
5.6%
Population
169,868
Top Industries
HealthcareManufacturingLogisticsRetailFinance

Fargo, ND

Median Household Income
$72,900
Per Capita Income
$41,600
Unemployment Rate
3.7%
Population
125,990
Top Industries
HealthcareFinanceEducationTechnologyRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Corona, CA
3.0×income-to-rent ratio

66% of income left after rent (median)

Fargo, ND
5.5×income-to-rent ratio

82% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.