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 | Phoenix | Difference |
|---|---|---|---|
| Median rent | $1,259/mo | $1,322/mo | 4.8% lower in A |
| Median home value | $288,100 | $340,200 | 15.3% lower in A |
| Median household income | $83,480 | $72,092 | 15.8% higher in A |
| Groceries index | 100.8 | 103.1 | 2.3% lower in A |
| Utilities index | 98.2 | 123.5 | 20.5% lower in A |
| Transportation index | 85.8 | 102.5 | 16.3% lower in A |
| Healthcare index | 101.2 | 101.2 | ≈ equal |
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 $108,697 in Phoenix to maintain your standard of living.
Climate, safety, and demographics side by side.
Concord, NC is about 8% cheaper overall than Phoenix, AZ, based on our cost-of-living index. Housing costs are roughly 5% lower in Concord than in Phoenix. If you earn $80,000 in Concord, you'd need about $86,958 in Phoenix to keep the same standard of living.