Concord, MO vs Oakville, MO

Concord, MO and Oakville, MO have a very similar cost of living, with only a 1.6% difference in their overall index. Concord scores 92 while Oakville scores 90 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 $1,166/month compared to $1,083/month in Oakville — a 8% difference. Interestingly, home values tell a different story: while Oakville has cheaper rent, Concord actually has lower median home values ($279,400 vs $292,500).

Median household income in Concord is $84,389 compared to $103,125 in Oakville (-18.2%). Oakville 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 16.6% of their income on rent, more than the 12.6% in Oakville.