Cost of Living in Concord, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
126.2
100 = national avg
+26.2 vs national average
Living Wage (1 Adult)
$55,537
per year
Living Wage (Family of 4)
$131,270
per year
Cost Index by Category
Housing136.0
Food114.5
Transportation129.0
Healthcare111.6
Utilities115.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$995
per month
2 Bedroom
$1,218
per month
The overall cost of living index in Concord is 126.2, which is 26.2% above the national average. Housing costs are above the national average at an index of 136.0. A single adult needs to earn approximately $55,537 per year to cover basic expenses.