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.