Cost of living in Concord research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Concord is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Concord is 148, with 100 being the average.
The cost of living index in Concord is 1.5x higher than the national average.
Concord ranks as the #406 cheapest in California out of 635.
Concord ranks as the #5,800 cheapest out of 6,412 in the US.
The median home value in Concord is $612,600.
The median income in Concord is $100,011.
According to the most recent data on the cost of living, Concord has an overall cost of living index of 148, which is 1.5x higher than the national index of 100.
Compared to California, Concord has a cost of living index that's 1.1x higher than California's index of 139.
The standard of living in Concord ranks as #406 most affordable out of the 635 places we measured in California. By definition, that implies Concord ranks as the #229 most expensive place in the Golden State.
For more reading on life in Concord, check out:
Six factors go into calculating the cost of living index in Concord. Here is how it fairs on each of the criteria:
The Services index in Concord is 118.
The Groceries index in Concord is 133.
The Health index in Concord is 124.
The Housing index in Concord is 205.
The Transportation index in Concord is 144.
The Utilities index in Concord is 135.
Living Expense | Concord | California | National Average | |
---|---|---|---|---|
Overall | 148 | 139 | 100 | |
Services | 118 | 110 | 100 | |
Groceries | 133 | 112 | 100 | |
Health | 124 | 109 | 100 | |
Housing | 205 | 204 | 100 | |
Transportation | 144 | 126 | 100 | |
Utilities | 135 | 124 | 100 |
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Concord is $612,600.
The Median Rent in Concord is $1,953.
The Median Income in Concord is $100,011.
The Home Value To Income in Concord is 6.1x.
The Rent To Monthly Income in Concord is 0.23x.
Statistic | Concord | California | United States |
---|---|---|---|
Median Home Value | $612,600 | $573,200 | $244,900 |
Median Rent | $1,953 | $1,698 | $1,163 |
Median Income | $100,011 | $84,097 | $69,021 |
Home Value To Income | 6.1x | 6.8x | 3.5x |
Rent To Monthly Income | 0.23x | 0.24x | 0.2x |
Item | Concord | California |
---|---|---|
Shampoo | $1.39 | $1.06 |
Movie | $13.23 | $10.68 |
Bowling | $19.56 | $14.67 |
Haircut | $19.39 | $18.62 |
Beauty Salon | $67.86 | $39.05 |
Item | Concord | California |
---|---|---|
Ground Beef | $3.73 | $4.22 |
Fried Chicken | $1.89 | $1.39 |
Milk | $2.87 | $2.05 |
Potatoes | $3.35 | $3.29 |
Pizza | $12.66 | $10.62 |
Beer | $10.57 | $9.38 |
Toothpaste | $3.07 | $2.34 |
Item | Concord | California |
---|---|---|
Optometrist | $136.92 | $108.57 |
Doctor | $146.83 | $116.17 |
Dentist | $133.38 | $99.13 |
Item | Concord | California |
---|---|---|
Gasoline | $3.38 | $2.22 |
Tire Balancing | $62.03 | $50.07 |
Item | Concord | California |
---|---|---|
All Electricity | $269.4 | $167.67 |
Phone | $187.26 | $175.64 |
The cost of living varies in the cities and towns around Concord. Here's a quick look at the cost of living in the most populous nearby places:
San Ramon, CA has a cost of living index of 201, 1.4x Concord.
Mountain View, CA has a cost of living index of 220, 1.5x Concord.
Walnut Creek, CA has a cost of living index of 180, 1.2x Concord.
City | Population | Cost Of Living | Vs. Concord |
---|---|---|---|
San Ramon, CA | 85,688 | 201 | 1.4x |
Mountain View, CA | 82,409 | 220 | 1.5x |
Walnut Creek, CA | 69,876 | 180 | 1.2x |
Dublin, CA | 69,818 | 190 | 1.3x |
Danville, CA | 43,673 | 218 | 1.5x |
Pleasant Hill, CA | 34,649 | 171 | 1.2x |
Hercules, CA | 26,050 | 155 | 1.0x |
Lafayette, CA | 25,384 | 236 | 1.6x |
Bay Point, CA | 24,999 | 126 | 0.9x |
American Canyon, CA | 21,735 | 148 | 1.0x |