Corona is 2% more expensive than Downey.
When comparing Corona, CA and Downey, CA, the overall cost of living indices are 173 and 169 respectively (national median = 100). Rent is $244/month cheaper in Downey, saving renters about $2,928/year.
Median household income is $19,038/year higher in Corona. Home values also differ significantly — the median in Corona is $656,500 compared to $728,500 in Downey.
Both cities share the same state tax structure since they are in California.
Corona vs Downey — common questions
Other cost of living comparisons for Corona and Downey