Concord vs Simi Valley: Cost of Living (2026)

A side-by-side comparison of Concord, CA and Simi Valley, CA, using US Census Bureau data.

MetricConcord, CASimi Valley, CA
Population125,007126,153
Median household income$107,789$112,144
Median home value$706,700$704,200
Median rent (/mo)$2,137$2,402

Source: US Census Bureau ACS 5-Year (2022). Highlighted cell = more affordable / higher income.

Comparing Concord, CA and Simi Valley, CA comes down to what you value most. Simi Valley has the lower median home value, and Concord has the lower median rent.

Simi Valley has the higher median household income, which affects how far a paycheck stretches against local housing costs. The table below breaks down the key numbers side by side, all sourced from the US Census Bureau.

Frequently asked questions

Is it cheaper to live in Concord or Simi Valley?
By median home value, Simi Valley is the cheaper of the two ($704,200 vs $706,700). Rent and income differ too — see the full comparison above.
Which has higher salaries, Concord or Simi Valley?
Median household income is $107,789 in Concord versus $112,144 in Simi Valley, per the US Census Bureau.

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