Concord, MO Cost Of Living
Cost Of Living In Concord, MO Summary
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 Missouri, 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 97, with 100 being the average.
The cost of living index in Concord is 1.0x lower than the national average.
Concord ranks as the #111 cheapest in Missouri out of 143.
Concord ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Concord is $230,600.
The median income in Concord is $81,468.
Table Of Contents
Concord's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Concord, MO?
According to the most recent data on the cost of living, Concord has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Missouri, Concord has a cost of living index that's 1.1x higher than Missouri's index of 89.
The standard of living in Concord ranks as #111 most affordable out of the 143 places we measured in Missouri. By definition, that implies Concord ranks as the #32 most expensive place in the Show Me State.
For more reading on life in Concord, check out:
- Living In Concord
- Search Homes For Sale In Concord, MO
In Missouri
In America
Concord Cost Of Living Vs. Missouri
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 94.
The Groceries index in Concord is 104.
The Health index in Concord is 89.
The Housing index in Concord is 100.
The Transportation index in Concord is 91.
The Utilities index in Concord is 95.
| Living Expense | Concord | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 97 | 89 | 100 | |
| Services | 94 | 92 | 100 | |
| Groceries | 104 | 96 | 100 | |
| Health | 89 | 88 | 100 | |
| Housing | 100 | 79 | 100 | |
| Transportation | 91 | 95 | 100 | |
| Utilities | 95 | 95 | 100 | |
Concord, MO Housing Cost Breakdown
Housing swings affordability the most between places in Missouri, 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 $230,600.
The Median Rent in Concord is $974.
The Median Income in Concord is $81,468.
The Home Value To Income in Concord is 2.8x.
The Rent To Monthly Income in Concord is 0.14x.
| Statistic | Concord | Missouri | United States |
|---|---|---|---|
| Median Home Value | $230,600 | $171,800 | $244,900 |
| Median Rent | $974 | $886 | $1,163 |
| Median Income | $81,468 | $61,043 | $69,021 |
| Home Value To Income | 2.8x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Concord, MO Costs By Category
Detailed Concord Services Costs Vs. Missouri
Detailed Concord Groceries Costs Vs. Missouri
Detailed Concord Health Costs Vs. Missouri
Detailed Concord Transportation Costs Vs. Missouri
Detailed Concord Utilities Costs Vs. Missouri
Concord SnackAbility
/10
Cost Of Living In Cities Around Concord
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:
Chesterfield, MO has a cost of living index of 117, 1.2x Concord.
Wildwood, MO has a cost of living index of 118, 1.2x Concord.
Ballwin, MO has a cost of living index of 103, 1.1x Concord.
| City | Population | Cost Of Living | Vs. Concord |
|---|---|---|---|
| Chesterfield, MO | 49,675 | 117 | 1.2x |
| Wildwood, MO | 35,384 | 118 | 1.2x |
| Ballwin, MO | 30,998 | 103 | 1.1x |
| Kirkwood, MO | 29,233 | 107 | 1.1x |
| Mehlville, MO | 28,672 | 91 | 0.9x |
| Affton, MO | 18,925 | 89 | 0.9x |
| Fairview Heights, IL | 16,601 | 87 | 0.9x |
| Crestwood, MO | 12,347 | 95 | 1.0x |
| Town and Country, MO | 11,440 | 151 | 1.6x |
| Columbia, IL | 11,090 | 94 | 1.0x |
