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Apex, NC vs Concord, NC

131
Apex
North Carolina
VS
+27.8%
102
Concord
North Carolina

There is a significant gap in the cost of living between these two cities. Concord is 27.8% cheaper than Apex. With a cost index of 102 vs 131, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Concord to Apex should plan for substantially higher expenses across most categories.

On the housing front, median rent in Apex is $1,784/month compared to $1,365/month in Concord — a 31% difference. Home values follow the same pattern: Concord is more affordable at $327,600 median vs $514,800.

Median household income in Apex is $138,442 compared to $84,752 in Concord (+63.3%). While Apex is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Apex spend roughly 15.5% of their income on rent, less than the 19.3% in Concord.

Income & Cost

Cost of Living Index
Apex
131
Concord
102
22% cheaper
Median Household Income
Apex
$138,442
39% higher
Concord
$84,752

Housing

Median Rent
Apex
$1,784
Concord
$1,365
23% cheaper
Median Home Value
Apex
$514,800
Concord
$327,600
36% cheaper
Population
Apex
67,765
Concord
106,518

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Apex $2.97
Concord $2.96
US $3.07
🥚
Eggs (grade A, large)
Apex $2.42
Concord $2.42
US $2.50
🥛
Milk (whole)
Apex $3.90
Concord $3.89
US $4.03
🍞
Bread (white)
Apex $1.79
Concord $1.79
US $1.85
🍗
Chicken breast
Apex $4.01
Concord $4.00
US $4.14
Electricity
Apex $0.16
Concord $0.16
US $0.19