Concord, NC Cost of Living


8 Reviews



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Concord cost of living score
95.7
Less expensive
4.3% lower
than the US average
5.2% higher
than the North Carolina average
Concord, North Carolina gets a BestPlaces Cost of Living score of 95.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.3% lower than the U.S. average and 5.2% lower than the average for North Carolina.

Concord, NC

Housing costs in Concord?
A typical home costs $345,000, which is 2.0% more expensive than the national average of $338,100 and 19.3% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Concord costs $1,220 per month, which is 14.7% cheaper than the national average of $1,430 and 9.0% more than the state average of $1,110.

Can I afford Concord?
To live comfortably in Concord, North Carolina, a minimum annual income of $66,240 for a family, and $43,600 for a single person is recommended.

What does A.I. say about Concord?
Concord serves up an interesting choice for those seeking a more economical living solution based somewhere near North Carolina’s Cabarrus County offering up medians hovering around the mid-$200s and rental rates shortly come in close by upwards of 1 thousand dollars depending upon desired amenities - noticeably cheaper compared to other parts of The Tar Heel State such as Kannapolis or Harrisburg which are positioned significantly further southward. Grocery stores moreover hover just below US levels due largely to local taxes & regulations while sales tax equates out unchanged at 7%.
   Cost of living score
     CategoriesConcordNorth CarolinaUnited States
  95.791.0100.0
  97.996.5100
  95.3107.2100.0
  96.483.1100.0
  $345,000$289,300$338,100
  99.1%99.2%100.0%
  85.783.9100.0
  109.589.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Concord
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I am looking to relocate due to a new job offer in north Carolina. Ive narrowed my search of cities down to Concord. Some of my concerns coming from California is how is  More

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I recently just moved to Concord, NC from long island. The people are more than polite. The Weather is amazing and the cost of living is reasonable and affordable. I  More

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Over 13 years ago

North Carolina Is very boring. If you want to move to a small town with alot of nice people concord is not the place. Im dying to get out of NC because people are moving  More

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