Cost of Living in Concord, VA

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A+
7%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
32%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Concord Virginia National
Cost of living93111100
Groceries101103100
Health care104103100
Housing68129100
Transportation102105100
Utilities105104100
Lifestyle & Entertainment107103100
Household Items103102100
Education & Childcare110109100
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Homes For Sale In Concord, VA

property for sale

Tin Top Pl

, VA
property for sale

3 Stage Rd

Concord, VA
property for sale

1 Stage Rd

Concord, VA
property for sale

7 Spencer Rd

Concord, VA

Cost Of Living Quick Facts

  • The cost of living in Concord is 16% lower than the Virginia average
  • The cost of living in Concord is 7% lower than the national average
  • Concord housing is 32% lower than the national average
  • Virginia general sales tax is 4% higher than the national average
  • Virginia state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Concord

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Compare Concord, VA Cost of Living

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      Salary Calculator

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      Cost of living index
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$109,748$9,146$2,561$3,293
      Renters$52,982$4,415$1,236$1,590

      Virginia Sales Tax

      State General Sales Tax With Max Surtax
      Virginia 5.3% 6%

      Virginia Income Tax

      State Income Tax (Low) Income Tax (High)
      Virginia 2% 5.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Appomattox, VA2,077927.8%
      Madison Heights, VA11,834964.0%
      Rustburg, VA1,6321000.1%
      Lynchburg, VA83,7031000.2%
      Timberlake, VA13,5151022.4%
      Concord, VA1,045936.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Casa Blanca, AZ1,0458415.9%
      Preston, IA1,0459010.0%
      Hilltop, MN1,0458020.0%
      Grant City, MO1,0457723.1%
      San Pablo, NM1,0451033.1%
      Concord, VA1,045936.6%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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