City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Concord | New York | Difference |
|---|---|---|---|
| Median rent | $1,259/mo | $1,714/mo | 26.5% lower in A |
| Median home value | $288,100 | $732,100 | 60.6% lower in A |
| Median household income | $83,480 | $76,607 | 9.0% higher in A |
| Groceries index | 100.8 | 103.2 | 2.3% lower in A |
| Utilities index | 98.2 | 147.4 | 33.4% lower in A |
| Transportation index | 85.8 | 100.7 | 14.8% lower in A |
| Healthcare index | 101.2 | 99.9 | 1.3% higher in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Concord, you'd need $123,899 in New York to maintain your standard of living.
Climate, safety, and demographics side by side.
Concord, NC is about 19.3% cheaper overall than New York, NY, based on our cost-of-living index. Housing costs are roughly 27% lower in Concord than in New York. If you earn $80,000 in Concord, you'd need about $99,119 in New York to keep the same standard of living.