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 | Raleigh | Difference |
|---|---|---|---|
| Median rent | $1,259/mo | $1,371/mo | 8.2% lower in A |
| Median home value | $288,100 | $347,000 | 17.0% lower in A |
| Median household income | $83,480 | $78,631 | 6.2% higher in A |
| Groceries index | 100.8 | 102.1 | 1.3% lower in A |
| Utilities index | 98.2 | 99.9 | 1.7% lower in A |
| Transportation index | 85.8 | 88.1 | 2.6% lower in A |
| Healthcare index | 101.2 | 104.8 | 3.4% lower 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 $105,129 in Raleigh to maintain your standard of living.
Climate, safety, and demographics side by side.
Concord, NC is about 4.9% cheaper overall than Raleigh, NC, based on our cost-of-living index. Housing costs are roughly 8% lower in Concord than in Raleigh. If you earn $80,000 in Concord, you'd need about $84,103 in Raleigh to keep the same standard of living.