Housing costs in Concord?
A typical home costs
$232,300, which is 31.3% less expensive than the national average of
$338,100 and 32.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Concord costs
$780 per month, which is 44.3% cheaper than the national average of
$1,400 and 19.2% cheaper than the state average of
$930.
Can I afford Concord?
To live comfortably in Concord (zip 24538), Virginia, a minimum annual income of
$44,640 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Concord?
The cost of living in 24538 Concord, VA is relatively low compared to many other areas. The median home value in this zip code sits at just over $150,000, making it one of the most affordable areas to live in Virginia. While rent prices can be slightly higher than other parts of the state, they are still very reasonable and there are plenty of options for those on a budget. Grocery costs and dining out tend to be cheaper than most surrounding areas as well, meaning residents can stretch their dollars further and enjoy a comfortable lifestyle even on a tight budget.