Housing costs in Concord?
A typical home costs
$1,162,200, which is 243.7% more expensive than the national average of
$338,100 and 108.5% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Concord costs
$3,160 per month, which is 121.0% more than the national average of
$1,430 and 32.3% more than the state average of
$2,140.
Can I afford Concord?
To live comfortably in Concord, Massachusetts, a minimum annual income of
$222,840 for a family, and
$104,400 for a single person is recommended.
What does A.I. say about Concord?
The cost of living in Concord, MA is slightly higher than the national average. The median home value in Concord is $816,700 and the median household income is $123,630. This means that the cost of living is slightly higher than the national average. With its close proximity to Boston, residents enjoy many of the amenities associated with a larger city while still maintaining a small-town feel. Groceries and transportation costs are comparable to other Massachusetts cities and towns, while healthcare costs tend to be a little higher. Overall, Concord provides an attractive quality of life at a price many can afford.