Housing costs in Concord?
A typical home costs
$183,500, which is 45.7% less expensive than the national average of
$338,100 and 14.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Concord costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 6.9% more than the state average of
$940.
Can I afford Concord?
To live comfortably in Concord, Alabama, a minimum annual income of
$35,280 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Concord?
The cost of living in Concord, AL is affordable when compared to the national average. According to Sperling's Best Places, Concord has a cost of living index rating of 94.5, which is slightly lower than the U.S. average of 100. Housing costs are extremely reasonable in Concord with an average home price around $122,000 and monthly rents for a one-bedroom apartment typically around $600. Groceries and other everyday purchases tend to be on par with the national average as well. Overall, residents in Concord can enjoy a comfortable lifestyle without having to break the bank.