Cost of Living: Concord, CA vs Richmond, CA (2026)

Concord

California
187
VS

Richmond

California
161

Concord is 16% more expensive than Richmond.

$2,226/mo ↑ 17%
Median Rent
$1,895/mo ↓ 15%
$109,195/yr ↑ 21%
Median Income
$90,038/yr ↓ 18%
$755,900 ↑ 16%
Home Value
$650,100 ↓ 14%
$2,284/mo ↑ 13%
Owner Costs
$2,015/mo ↓ 12%
124,260
Population
115,396

Tax Comparison

13.3%
Income Tax
13.3%
7.25%
State Sales Tax
7.25%
0.71%
Property Tax
0.71%

Affordability

24.5%
rent-to-income
Affordability
25.3%
rent-to-income

Detailed Comparison

When comparing Concord, CA and Richmond, CA, the overall cost of living indices are 187 and 161 respectively (national median = 100). Rent is $331/month cheaper in Richmond, saving renters about $3,972/year.

Median household income is $19,157/year higher in Concord. Home values also differ significantly — the median in Concord is $755,900 compared to $650,100 in Richmond.

Both cities share the same state tax structure since they are in California.

Frequently Asked Questions

Concord vs Richmond — common questions

Is Concord or Richmond cheaper to live in?
Based on our cost index, Richmond is cheaper to live in with an index of 161 compared to 187 (US average = 100).
What is the rent difference between Concord and Richmond?
Median rent in Concord is $2,226/month and in Richmond it's $1,895/month — a difference of $331/month.
Which city has higher income, Concord or Richmond?
Median household income is $109,195 in Concord and $90,038 in Richmond. Median household income is $19,157/year higher in Concord.
How do taxes compare between California and California?
Both cities are in California and share the same state tax rates: 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Concord or Richmond?
It depends on your priorities. Concord has a cost index of 187 with median rent of $2,226/mo, while Richmond has a cost index of 161 with rent of $1,895/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Concord details → View Richmond details →

More Comparisons

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