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

Torrance

California
218
VS

Concord

California
187

Torrance is 17% more expensive than Concord.

$2,214/mo ≈ Same
Median Rent
$2,226/mo ≈ Same
$113,105/yr ↑ 4%
Median Income
$109,195/yr ↓ 3%
$1,036,600 ↑ 37%
Home Value
$755,900 ↓ 27%
$2,295/mo ≈ Same
Owner Costs
$2,284/mo ≈ Same
143,499
Population
124,260

Tax Comparison

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

Affordability

23.5%
rent-to-income
Affordability
24.5%
rent-to-income

Detailed Comparison

When comparing Torrance, CA and Concord, CA, the overall cost of living indices are 218 and 187 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $3,910/year higher in Torrance. Home values also differ significantly — the median in Torrance is $1,036,600 compared to $755,900 in Concord.

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

Frequently Asked Questions

Torrance vs Concord — common questions

Is Torrance or Concord cheaper to live in?
Based on our cost index, Concord is cheaper to live in with an index of 187 compared to 218 (US average = 100).
What is the rent difference between Torrance and Concord?
Median rent in Torrance is $2,214/month and in Concord it's $2,226/month — a difference of $12/month.
Which city has higher income, Torrance or Concord?
Median household income is $113,105 in Torrance and $109,195 in Concord. Median household income is $3,910/year higher in Torrance.
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 Torrance or Concord?
It depends on your priorities. Torrance has a cost index of 218 with median rent of $2,214/mo, while Concord has a cost index of 187 with rent of $2,226/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Torrance details → View Concord details →

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