Concordia, MO vs Ferrelview, MO

Ferrelview is moderately more affordable than Concordia, with a 11.6% lower cost of living index. Concordia scores 68 compared to 61 for Ferrelview, where the US average is 100. This difference means residents of Concordia can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Concordia is $735/month compared to $831/month in Ferrelview — a 12% difference. Interestingly, home values tell a different story: while Concordia has cheaper rent, Ferrelview actually has lower median home values ($37,500 vs $159,300).

Median household income in Concordia is $56,192 compared to $43,487 in Ferrelview (+29.2%). While Concordia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Concordia spend roughly 15.7% of their income on rent, less than the 22.9% in Ferrelview.