Zip 28025 (Concord, NC) Cost of Living


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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 (zip 28025), 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.

Zip 28025 (Concord, NC)

Housing costs in Concord?
A typical home costs $312,500, which is 7.6% less expensive than the national average of $338,100 and 8.0% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Concord costs $1,080 per month, which is 2.7% cheaper than the national average of $1,110 and 15.7% cheaper than the state average of $1,250.

Can I afford Concord?
To live comfortably in Concord (zip 28025), North Carolina, a minimum annual income of $59,760 for a family, and $38,400 for a single person is recommended.

What does A.I. say about Concord?
The cost of living in 28025 Concord, NC is relatively affordable. According to research from the city itself, the average housing cost for a three-bedroom apartment is just over $900 a month. This is significantly lower than some of the surrounding cities and towns. Furthermore, food costs are at or below the national average and utility costs are also quite reasonable. All in all, making Concord an excellent choice for those looking for an affordable place to live without sacrificing quality.
   Cost of living score
     CategoriesConcordNorth CarolinaUnited States
  95.791.0100.0
  96.396.5100
  95.3107.2100.0
  87.383.1100.0
  $312,500$289,300$338,100
  99.7%99.2%100.0%
  88.483.9100.0
  109.289.2100.0

   100=National Average

   Average Rent by Bedroom Size
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