Cost of Living in Concord, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.7
100 = national avg
-23.3 vs national average
Living Wage (1 Adult)
$33,766
per year
Living Wage (Family of 4)
$79,809
per year
Cost Index by Category
Housing63.2
Food89.2
Transportation78.3
Healthcare91.3
Utilities86.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$735
per month
2 Bedroom
$955
per month
The overall cost of living index in Concord is 76.7, which is 23.3% below the national average. Housing costs are below the national average at an index of 63.2. A single adult needs to earn approximately $33,766 per year to cover basic expenses.