Concord, MO Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

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

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
97
Concord's Overall Cost Of Living
1.0x
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:

111 out of 143
In Missouri
2,747 out of 6,412
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
For more reading on cost of living around Missouri, check out:
Concord Cost of Living Vs. MO

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
Search Homes For Sale In Concord, MO
$230,600
Median Home Value
$974
Median Rent
$81,468
Median Income

Concord, MO Costs By Category

Detailed Concord Services Costs Vs. Missouri

Item Concord Missouri
Shampoo $1.1 $1.06
Movie $9.81 $10.68
Bowling $15.64 $14.67
Haircut $17.58 $18.62
Beauty Salon $38.54 $39.05

Detailed Concord Groceries Costs Vs. Missouri

Item Concord Missouri
Ground Beef $4.13 $4.22
Fried Chicken $1.67 $1.39
Milk $1.86 $2.05
Potatoes $2.98 $3.29
Pizza $9.9 $10.62
Beer $9.38 $9.38
Toothpaste $2.36 $2.34

Detailed Concord Health Costs Vs. Missouri

Item Concord Missouri
Optometrist $76.71 $108.57
Doctor $75.53 $116.17
Dentist $98.39 $99.13

Detailed Concord Transportation Costs Vs. Missouri

Item Concord Missouri
Gasoline $2.03 $2.22
Tire Balancing $41.83 $50.07

Detailed Concord Utilities Costs Vs. Missouri

Item Concord Missouri
All Electricity $149.35 $167.67
Phone $193.9 $175.64

Concord SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8
Diversity
4
Safety
N/A
Amenities
9
Education
9
Commute
7

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

Articles About Missouri

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