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Concord, MI vs Paw Paw, MI

73
Concord
Michigan
VS
+8.4%
67
Paw Paw
Michigan

Paw Paw is moderately more affordable than Concord, with a 8.4% lower cost of living index. Concord scores 73 compared to 67 for Paw Paw, where the US average is 100. This difference means residents of Concord can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Concord is $905/month compared to $775/month in Paw Paw — a 17% difference. Home values follow the same pattern: Paw Paw is more affordable at $133,600 median vs $158,900.

Median household income in Concord is $62,143 compared to $38,989 in Paw Paw (+59.4%). While Concord is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Concord spend roughly 17.5% of their income on rent, less than the 23.9% in Paw Paw.

Income & Cost

Cost of Living Index
Concord
73
Paw Paw
67
8% cheaper
Median Household Income
Concord
$62,143
37% higher
Paw Paw
$38,989

Housing

Median Rent
Concord
$905
Paw Paw
$775
14% cheaper
Median Home Value
Concord
$158,900
Paw Paw
$133,600
16% cheaper
Population
Concord
1,156
Paw Paw
3,277

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Concord $2.88
Paw Paw
US $3.07
🥚
Eggs (grade A, large)
Concord $2.35
Paw Paw
US $2.50
🥛
Milk (whole)
Concord $3.79
Paw Paw
US $4.03
🍞
Bread (white)
Concord $1.74
Paw Paw
US $1.85
🍗
Chicken breast
Concord $3.90
Paw Paw
US $4.14
Electricity
Concord $0.19
Paw Paw
US $0.19