Housing costs in Concord?
A typical home costs
$277,900, which is 17.8% less expensive than the national average of
$338,100 and 10.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Concord costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$1,240.
Can I afford Concord?
To live comfortably in Concord, Minnesota, a minimum annual income of
$53,280 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Concord?
Concord, MN is generally an affordable place to live. The cost of living index for Concord, Minnesota is 77.6, which is 22.4% lower than the national average. Housing costs in Concord tend to be lower than the national average, as well as utilities and grocery expenses. Goods and services like healthcare and transportation are also relatively low-priced compared to other cities in the United States. The median home price in Concord is $193,500, while the median rent for an apartment or house is around $1,062 per month. All of these factors make Concord a great place to live for those who want to save money while still getting quality services and amenities that come with living in a city.