States › California › Concord

Is Concord, CA expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,41338% higher than U.S. average
💵 Families earn per year (2026)$117,243about $9,770/month · 35% higher than U.S. average
🔑 House price$797,600140% higher than U.S. average

Rent is higher than in 83% of U.S. cities. A typical house costs about 6.8 years of household income, so buying is hard for most locals. Commutes are long, about 32.6 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $96,520 a year. That is $46 an hour at a full-time job.

Is rent cheaper than other California cities?

No. Rent here is more expensive than in most of California. It is number 358 of 653 cities from cheapest to most expensive.

Concord
$2,413
$2,492
$2,481
$2,478
$2,355

How much do households earn in Concord?

Under $25k
8.0%
$25k–50k
15.4%
$50k–100k
29.6%
$100k–150k
22.9%
$150k+
20.8%

Share of households by yearly income. 43.7% of households earn $100,000 or more.

Rent by apartment size in Concord

SizeConcordU.S. average
Studio$2,290$1,338
1 bedroom$2,060$1,324
2 bedrooms$2,380$1,509
3 bedrooms$3,222$1,698
4 bedrooms$3,697$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Concord overall?

Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).

Housing
154
Goods (food, clothes…)
106
Utilities
159
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Concord, so the California figure is shown.

Taxes and bills in Concord

🏛️ Property tax$5,418a year · 0.68% of home value · U.S. $3,119
⚡ Electric bill$172a month (typical) · U.S. $156

Life in Concord

Commute to work32.6 minU.S.: 26.4 min
College degree37.5%U.S.: 35.7%
Own their home61.6%U.S.: 65.2%
Below poverty line8.2%U.S.: 12.5%
Unemployment5.4%U.S.: 5.2%

Is it cheaper to rent or buy in Concord?

Renting is cheaper right now: about $3,121 a month less.

Renting
$2,413
Owning
$5,534

Owning assumes a typical $797,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $79,760 for the down payment.

Frequently asked questions

What is the average rent in Concord, CA?

Renting in Concord costs a median of about $2,413 a month in 2026, including utilities. The California median is $2,357.

How much do I need to make to live in Concord?

To keep rent under 30% of income, you need about $96,520 a year, or $46 an hour at a full-time job.

Is Concord cheap or expensive?

Concord is rated OK: rent takes 24.7% of the typical household income of $117,243. It ranks 358th cheapest of 653 California cities we track.

How much are property taxes in Concord?

The median homeowner in Concord pays $5,418 a year in property taxes, about 0.68% of the median home value.

Is Concord more expensive than the national average?

Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Concord?

The median home value in Concord is $797,600, about 6.8 times the typical yearly household income.

124,035 people live in Concord. Numbers are typical (middle) values.