Moreno Valley, CA

Very High · 144

California · Population 210,378 · Updated March 2026

$2,036
Median Rent / Month
$87,477
Median Income
$461,400
Median Home Value
$1,980
Owner Costs / Month

Affordability

How far your income goes in Moreno Valley

27.9%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in California

State-level tax rates that affect your costs

13.3%
Income Tax (Top Rate)
7.25%
Sales Tax
0.71%
Property Tax Rate

Estimated Annual Costs

$24,432
Annual Rent
$11,634
State Income Tax
$3,276
Property Tax (est.)

Cost of Living Overview

Moreno Valley has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 144 (where 100 equals the national median), Moreno Valley residents can expect to pay median rent of $2,036/month while earning a median household income of $87,477/year.

The median home value in Moreno Valley, CA is $461,400, with typical monthly owner costs around $1,980 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.9%, Moreno Valley falls within the generally affordable range, though it's approaching the 30% burden threshold.

California's top income tax rate of 13.3% is among the highest in the nation, adding to the overall cost burden. Combined with a 7.25% sales tax rate and 0.71% effective property tax rate, the overall tax environment is a factor in the total cost of living in Moreno Valley.

Frequently Asked Questions

Common questions about living costs in Moreno Valley

What is the cost of living in Moreno Valley, CA?
The cost of living index in Moreno Valley, CA is 144 (US average = 100). Median monthly rent is $2,036, median household income is $87,477/year, and the median home value is $461,400.
Is Moreno Valley, CA affordable?
No, Moreno Valley is more expensive than the national average with a cost index of 144. The rent-to-income ratio is 27.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Moreno Valley, CA?
The median gross rent in Moreno Valley, CA is $2,036 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,432.
What is the median household income in Moreno Valley?
The median household income in Moreno Valley, CA is $87,477 per year. This compares to the national median of approximately $80,000.
What are the taxes like in California?
California has a top income tax rate of 13.3%, a sales tax of 7.25%, and an effective property tax rate of 0.71%.

Compare Moreno Valley With

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