Zip 72523 (Concord, AR) Cost of Living


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United States / Arkansas / No Metro Area / Cleburne County / Concord / Concord (zip 72523)
How much do I need to live in Concord, Arkansas?
$1,830 / month
for a family, 66.1% less expensive than the national average A total of $21,960 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Concord cost of living score
79.3
Less expensive
20.7% lower
than the US average
2.3% higher
than the Arkansas average
Concord (zip 72523), Arkansas gets a BestPlaces Cost of Living score of 79.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.7% lower than the U.S. average and 2.3% lower than the average for Arkansas.

Zip 72523 (Concord, AR)

Housing costs in Concord?
A typical home costs $115,400, which is 65.9% less expensive than the national average of $338,100 and 36.5% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Concord costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 9.1% cheaper than the state average of $840.

Can I afford Concord?
To live comfortably in Concord (zip 72523), Arkansas, a minimum annual income of $21,960 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Concord?
The cost of living in 72523 Concord, AR is quite reasonable. The median home price in the area is $58,400 and the median rent price is $597, making it an affordable place to live. The overall cost of living index is 87.3 which is 12.7% lower than the U.S. average resulting in lower overall costs for goods and services. In addition, utilities such as electricity and water are also comparatively cheaper compared to other areas in the United States. Overall, 72523 Concord, AR offers a great quality of life at an incredibly affordable price point.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesConcordArkansasUnited States
    Unlock77.5100.0
  91.0  Unlock100.0
    Unlock92.1100.0
  29.7  Unlock100.0
    Unlock$181,800$338,100
  97.3  Unlock100.0
    Unlock81.6100.0
  83.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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