Cost of living in Concordia 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 Concordia is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Kansas, 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 Concordia is 77, with 100 being the average.
The cost of living index in Concordia is 0.8x lower than the national average.
Concordia ranks as the #7 cheapest in Kansas out of 63.
Concordia ranks as the #78 cheapest out of 6,412 in the US.
The median home value in Concordia is $82,100.
The median income in Concordia is $48,333.
According to the most recent data on the cost of living, Concordia has an overall cost of living index of 77, which is 0.8x lower than the national index of 100.
Compared to Kansas, Concordia has a cost of living index that's 0.9x lower than Kansas's index of 87.
The standard of living in Concordia ranks as #7 most affordable out of the 63 places we measured in Kansas. By definition, that implies Concordia ranks as the #56 most expensive place in the Sunflower State.
For more reading on life in Concordia, check out:
Six factors go into calculating the cost of living index in Concordia. Here is how it fairs on each of the criteria:
The Services index in Concordia is 85.
The Groceries index in Concordia is 94.
The Health index in Concordia is 101.
The Housing index in Concordia is 48.
The Transportation index in Concordia is 98.
The Utilities index in Concordia is 104.
Living Expense | Concordia | Kansas | National Average | |
---|---|---|---|---|
Overall | 77 | 87 | 100 | |
Services | 85 | 90 | 100 | |
Groceries | 94 | 95 | 100 | |
Health | 101 | 98 | 100 | |
Housing | 48 | 70 | 100 | |
Transportation | 98 | 93 | 100 | |
Utilities | 104 | 102 | 100 |
Housing swings affordability the most between places in Kansas, 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 Concordia is $82,100.
The Median Rent in Concordia is $689.
The Median Income in Concordia is $48,333.
The Home Value To Income in Concordia is 1.7x.
The Rent To Monthly Income in Concordia is 0.17x.
Statistic | Concordia | Kansas | United States |
---|---|---|---|
Median Home Value | $82,100 | $164,800 | $244,900 |
Median Rent | $689 | $912 | $1,163 |
Median Income | $48,333 | $64,521 | $69,021 |
Home Value To Income | 1.7x | 2.6x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Concordia. Here's a quick look at the cost of living in the most populous nearby places:
Abilene, KS has a cost of living index of 84, 1.1x Concordia.
City | Population | Cost Of Living | Vs. Concordia |
---|---|---|---|
Abilene, KS | 6,507 | 84 | 1.1x |