Cost of Living in Concord, NE
Population: 166 | Nebraska
Concord is 21% less expensive than the national average.
Cost of Living in Concord, NE: What You Need to Know
With a cost of living index of 79, Concord, NE is a very affordable place to live. Living here is 21% cheaper than the national average and 7% above the Nebraska state average of 72. Concord is a small community of 166 residents.
The median household income in Concord is $83,750, which is 11% higher than the national median of $75,149.
Climate is another factor for anyone considering a move to Concord. The area sees an average annual temperature of 48.4°F, with summers averaging 72°F and winters around 23°F. Annual rainfall totals 29.3 inches spread over roughly 102 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
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
- $83,750
- vs US Median ($75,149)
- +11%
Housing
- Median Home Value
- $89,500
- Median Monthly Housing Cost
- $867/mo
Climate in Concord
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 30 | 34 | 48 | 61 | 72 | 82 | 85 | 83 | 77 | 63 | 47 | 33 |
| Avg °F | 20 | 25 | 37 | 49 | 61 | 71 | 74 | 72 | 64 | 50 | 36 | 24 |
| Low °F | 10 | 15 | 26 | 37 | 49 | 59 | 63 | 61 | 51 | 38 | 25 | 15 |
| Rain" | 0.7 | 0.9 | 1.8 | 3.2 | 3.9 | 4.4 | 3.4 | 3.9 | 2.8 | 2.2 | 1.3 | 1.0 |