Housing costs in Concord?
A typical home costs
$239,700, which is 29.1% less expensive than the national average of
$338,100 and 30.2% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Concord costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 70.7% cheaper than the state average of
$1,400.
Can I afford Concord?
To live comfortably in Concord, Virginia, a minimum annual income of
$46,080 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Concord?
The cost of living in Concord, VA is quite reasonable. According to the most recent Cost of Living Index, it is slightly lower than the national average. The median home price in Concord is $225,000 which is well below the US median home price of $220,000. Other costs such as groceries and healthcare are also affordable with prices below the national average. For those looking for a lower cost of living without sacrificing amenities and quality of life, Concord should be considered.