Concordia, MO vs Shrewsbury, MO

There is a significant gap in the cost of living between these two cities. Concordia is 24.3% cheaper than Shrewsbury. With a cost index of 68 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Concordia to Shrewsbury should plan for substantially higher expenses across most categories.

On the housing front, median rent in Concordia is $735/month compared to $1,143/month in Shrewsbury — a 36% difference. Home values follow the same pattern: Concordia is more affordable at $159,300 median vs $266,600.

Median household income in Concordia is $56,192 compared to $84,942 in Shrewsbury (-33.8%). While Shrewsbury 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 16.1% in Shrewsbury.