What is the cost of living in Concord, NC?
According to the most recent data on the cost of living, Concord has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to North Carolina, Concord has a cost of living index that's 1.1x higher than North Carolina's index of 95.
The standard of living in Concord ranks as #96 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Concord ranks as the #63 most expensive place in the Tar Heel State.
For more reading on life in Concord, check out:
Concord Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Concord. Here is how it fares on each of the criteria:
The Services index in Concord is 99.
The Groceries index in Concord is 102.
The Health index in Concord is 115.
The Housing index in Concord is 98.
The Transportation index in Concord is 96.
The Utilities index in Concord is 100.
| Living Expense | Concord | North Carolina | National Average |
|---|---|---|---|
| Overall | 104 | 95 | 100 |
| Services | 99 | 98 | 100 |
| Groceries | 102 | 98 | 100 |
| Health | 115 | 89 | 100 |
| Housing | 98 | 100 | 100 |
| Transportation | 96 | 97 | 100 |
| Utilities | 100 | 101 | 100 |
Concord Cost Of Living Compared To North Carolina Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around North Carolina, check out:
- Most Expensive Cities In North Carolina
- Most Affordable Cities In North Carolina
- Average Rent In North Carolina
Source: Cost-of-living index 2026, normalized to US average = 100
Concord, NC Housing Cost Breakdown
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Concord is $382,592.
The Median Rent in Concord is $1,451.
The Median Income in Concord is $86,921.
The Home Value To Income in Concord is 4.4x.
The Rent To Monthly Income in Concord is 0.2x.
| Statistic | Concord | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $382,592 | $336,407 | $332,700 |
| Median Rent | $1,451 | $1,228 | $1,413 |
| Median Income | $86,921 | $72,388 | $80,734 |
| Home Value To Income | 4.4x | 4.6x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.21x |
Concord, NC Costs By Category
Detailed Concord Services costs vs. North Carolina
| Item | Concord | North Carolina |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $13.67 | $12.13 |
| Bowling | $18.63 | $18 |
| Haircut | $30.02 | $24.26 |
| Beauty Salon | $39.6 | $45.56 |
Detailed Concord Groceries costs vs. North Carolina
| Item | Concord | North Carolina |
|---|---|---|
| Ground Beef | $6.12 | $5.84 |
| Fried Chicken | $1.55 | $1.57 |
| Milk | $4.66 | $4.67 |
| Potatoes | $5.3 | $4.93 |
| Pizza | $11.64 | $12.09 |
| Beer | $10.31 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Concord Health costs vs. North Carolina
| Item | Concord | North Carolina |
|---|---|---|
| Optometrist | $131.75 | $125.68 |
| Doctor | $157.27 | $135.78 |
| Dentist | $130.26 | $113.29 |
Detailed Concord Transportation costs vs. North Carolina
| Item | Concord | North Carolina |
|---|---|---|
| Gasoline | $3.19 | $3.46 |
| Tire Balancing | $57.92 | $59.92 |
Detailed Concord Utilities costs vs. North Carolina
| Item | Concord | North Carolina |
|---|---|---|
| All Electricity | $160.96 | $193.99 |
| Phone | $187.97 | $192.25 |
Concord SnackAbility
Cost Of Living In Cities Around Concord
The cost of living varies in the cities and towns around Concord. Here's a quick look at the cost of living in the most populous nearby places:
Charlotte, NC has a cost of living index of 108, 1.0x Concord.
Huntersville, NC has a cost of living index of 116, 1.1x Concord.
Kannapolis, NC has a cost of living index of 96, 0.9x Concord.
| City | Population | Cost Of Living | Vs. Concord |
|---|---|---|---|
| Charlotte, NC | 903,844 | 108 | 1.0x |
| Huntersville, NC | 63,969 | 116 | 1.1x |
| Kannapolis, NC | 57,890 | 96 | 0.9x |
| Mooresville, NC | 52,381 | 109 | 1.0x |
| Cornelius, NC | 32,783 | 124 | 1.2x |
| Matthews, NC | 30,577 | 117 | 1.1x |
| Mint Hill, NC | 27,556 | 111 | 1.1x |
| Harrisburg, NC | 19,633 | 117 | 1.1x |
| Stallings, NC | 16,886 | 114 | 1.1x |
| Davidson, NC | 15,660 | 131 | 1.3x |
