Cost of Living in Concord, KY
Population: 18 | Kentucky
Concord is 19% less expensive than the national average.
Cost of Living in Concord, KY: What You Need to Know
With a cost of living index of 81, Concord, KY is a very affordable place to live. Living here is 19% cheaper than the national average and in line with the Kentucky state average. Concord is a small community of 18 residents.
The median household income in Concord is $53,500, which is 29% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $53,500
- vs US Median ($75,149)
- -29%
Housing
- Median Home Value
- $105,000