Zip 28027 (Concord, NC) Cost of Living

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Concord cost of living score
Less expensive
4.3% lower
than the US average
5.2% higher
than the North Carolina average
Concord (zip 28027), 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 28027 (Concord, NC)

Housing costs in Concord?
A typical home costs $376,900, which is 11.5% more expensive than the national average of $338,100 and 30.3% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Concord costs $1,200 per month, which is 8.1% more than the national average of $1,110 and 4.2% cheaper than the state average of $1,250.

Can I afford Concord?
To live comfortably in Concord (zip 28027), North Carolina, a minimum annual income of $72,360 for a family, and $42,400 for a single person is recommended.

What does A.I. say about Concord?
The cost of living in 28027 Concord, NC is quite reasonable. According to Best Places, the overall cost of living is 8% lower than the national average. Housing costs are 6% lower than the U.S. average and utilities costs are 9% lower than the national average. Additionally, general goods and services are about 5% below the U.S. average, while groceries are just slightly higher at 2%. All in all, 28027 Concord, NC is a great place to live with a reasonable cost of living that allows for financial flexibility and stability.
   Cost of living score
     CategoriesConcordNorth CarolinaUnited States

   100=National Average

   Average Rent by Bedroom Size