Cost of Living in Concordia, MO

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

86.5

100 = national avg

-13.5 vs national average

Living Wage (1 Adult)

$38,045

per year

Living Wage (Family of 4)

$89,924

per year

Cost Index by Category

Housing
80.4
Food
92.9
Transportation
85.9
Healthcare
94.4
Utilities
91.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,197

per month

2 Bedroom

$1,358

per month

The overall cost of living index in Concordia is 86.5, which is 13.5% below the national average. Housing costs are below the national average at an index of 80.4. A single adult needs to earn approximately $38,045 per year to cover basic expenses.