Salary Needed to Live in Concord as a Single
A single adult living independently needs approximately $27,257/year to live comfortably in Concord, CA — including 10% savings.
Comfortable Salary
$27,257
with 10% savings
Bare Minimum
$23,523
no savings buffer
Monthly Expenses
$1,431
32% above national avg
Detailed Monthly Budget for a Single in Concord
| Expense | Concord | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $170 | $113 | +50% |
| 🛒 Groceries | $28 | $17 | +65% |
| ⚡ Utilities | $14 | $14 | 0% |
| 🚗 Transportation | $38 | $26 | +46% |
| 🛡️ Car Insurance | $227 | $215 | +6% |
| 🏥 Health Insurance | $64 | $54 | +19% |
| Internet | $90 | $65 | +38% |
| Phone | $117 | $85 | +38% |
| Dining & Social | $414 | $300 | +38% |
| Entertainment | $166 | $120 | +38% |
| Personal Care | $103 | $75 | +37% |
| Total Monthly | $1,431 | $1,084 | +32% |
How We Calculated the Salary
Monthly expenses:$1,431
Target savings (10%):$184/mo
Monthly after-tax needed:$1,615
Effective tax rate:27%
Gross annual salary needed:$27,257
Other Household Types in Concord
Related Pages
FAQ
What salary does a single person need in Concord?
A single person needs approximately $27,257/year ($2,271/month gross) to live comfortably in Concord with a 10% savings rate.
How much is rent for a single person in Concord?
A studio/1br in Concord costs approximately $170/month, which is the largest single expense at 12% of the total budget.
Is Concord affordable for a single person?
Concord is above the national average for single person living costs, requiring 32% more salary than the US median.