Concord cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexConcordKentuckyNational
Cost of living index6888100
IndexConcordKentuckyNational
Goods & Services index9195100
Groceries index9696100
Health care index10495100
Housing index1070100
Transportation index9497100
Utilities index9492100

Did you know?

  • The cost of living in Concord is 22% lower than the Kentucky average.
  • The cost of living in Concord is 32% lower than the national average.
  • The cost of housing in Concord is 90% lower than the national average.
  • Kentucky general sales tax is 18% higher than the national average.
  • Kentucky state income tax is 10% lower than the national average.

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$23,750$1,979$554$713
Renters$0$0$0$0

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax
Kentucky6%6%

Kentucky Income Tax

StateIncome Tax (Low)Income Tax (High)
Kentucky2%6%

Goods & Services

ItemConcordNational avg.Difference
Haircut $10.50$14.5928.0%
Beauty Salon $33.40$34.683.7%
Toothpaste $3.41$2.4737.9%
Shampoo $0.84$1.0217.8%
Movie $10.17$9.873.1%
Bowling $4.13$4.396.0%

Groceries

ItemConcordNational avg.Difference
Ground Beef $4.50$4.480.5%
Fried Chicken $1.29$1.4611.9%
Milk $2.74$2.3616.3%
Potatoes $2.58$3.0615.7%
Pizza $8.99$9.242.7%
Beer $8.75$8.631.4%

Health Care

ItemConcordNational avg.Difference
Optometrist $108.00$99.788.2%
Doctor $96.40$105.038.2%
Dentist $103.33$88.7016.5%
Ibuprofen $8.29$9.4111.9%
Lipitor $306.62$298.502.7%

Housing

ItemConcordNational avg.Difference
Home Price $17,500.00$175,700.0090.0%
Avg. Mortgage Payment $761.82$1,081.0329.5%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemConcordNational avg.Difference
Gasoline $1.91$2.098.6%
Tire Balancing $45.29$45.290.0%

Utilities

ItemConcordNational avg.Difference
All Electricity$144.76$170.8015.2%
Phone $30.01$28.266.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Bentonville, OH11493-7%
Vanceburg, KY1,55473-27%
Rome, OH8073-27%
Cherry Fork, OH13778-22%
Manchester, OH2,12779-21%
Concord, KY1868-32%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Douglas, OK1870-30%
Kent, IA1892-8%
Hat Island, WA181066%
Darwin, CA181066%
Turtle Lake, MT1893-7%
Concord, KY1868-32%
Source: The Concord, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.