Concord, CA vs La Mirada, CA

Concord, CA and La Mirada, CA have a very similar cost of living, with only a 3.4% difference in their overall index. Concord scores 171 while La Mirada scores 165 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Concord is $2,226/month compared to $2,052/month in La Mirada — a 9% difference. Interestingly, home values tell a different story: while La Mirada has cheaper rent, Concord actually has lower median home values ($755,900 vs $763,200).

Median household income in Concord is $109,195 compared to $110,177 in La Mirada (-0.9%). La Mirada offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Concord spend roughly 24.5% of their income on rent, more than the 22.3% in La Mirada.