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 102, with 100 being the average.
The cost of living index in Concord is 1.0x higher than the national average.
Concord ranks as the #113 cheapest in Missouri out of 142.
Concord ranks as the #2,846 cheapest out of 6,489 in the US.
The median home value in Concord is $325,060.
The median income in Concord is $84,389.
Table Of Contents
Concord's Overall Cost Of Living
Higher 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 102, which is 1.0x higher than the national index of 100.
Compared to Missouri, Concord has a cost of living index that's 1.2x higher than Missouri's index of 88.
The standard of living in Concord ranks as #113 most affordable out of the 142 places we measured in Missouri. By definition, that implies Concord ranks as the #29 most expensive place in the Show Me State.
For more reading on life in Concord, check out:
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 90.
The Groceries index in Concord is 95.
The Health index in Concord is 89.
The Housing index in Concord is 117.
The Transportation index in Concord is 95.
The Utilities index in Concord is 104.
| Living Expense | Concord | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 102 | 88 | 100 | |
| Services | 90 | 93 | 100 | |
| Groceries | 95 | 96 | 100 | |
| Health | 89 | 91 | 100 | |
| Housing | 117 | 78 | 100 | |
| Transportation | 95 | 90 | 100 | |
| Utilities | 104 | 99 | 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 2019-2023. The key points are:
The Median Home Value in Concord is $325,060.
The Median Rent in Concord is $1,166.
The Median Income in Concord is $84,389.
The Home Value To Income in Concord is 3.9x.
The Rent To Monthly Income in Concord is 0.17x.
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
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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 121, 1.2x Concord.
Wildwood, MO has a cost of living index of 124, 1.2x Concord.
Ballwin, MO has a cost of living index of 109, 1.1x Concord.
| City | Population | Cost Of Living | Vs. Concord |
|---|---|---|---|
| Chesterfield, MO | 49,591 | 121 | 1.2x |
| Wildwood, MO | 35,168 | 124 | 1.2x |
| Ballwin, MO | 30,835 | 109 | 1.1x |
| Kirkwood, MO | 29,302 | 117 | 1.1x |
| Mehlville, MO | 29,089 | 91 | 0.9x |
| Affton, MO | 20,035 | 93 | 0.9x |
| Fairview Heights, IL | 16,255 | 94 | 0.9x |
| Crestwood, MO | 12,298 | 103 | 1.0x |
| Town and Country, MO | 11,605 | 161 | 1.6x |
| Columbia, IL | 11,063 | 99 | 1.0x |
