Chesterfield, MO vs Concord, MO

There is a significant gap in the cost of living between these two cities. Concord is 28.8% cheaper than Chesterfield. With a cost index of 92 vs 118, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Concord to Chesterfield should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chesterfield is $1,553/month compared to $1,166/month in Concord — a 33% difference. Home values follow the same pattern: Concord is more affordable at $279,400 median vs $458,000.

Median household income in Chesterfield is $133,380 compared to $84,389 in Concord (+58.1%). While Chesterfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chesterfield spend roughly 14% of their income on rent, less than the 16.6% in Concord.