Asheville, NC vs Concord, NC

Asheville, NC and Concord, NC have a very similar cost of living, with only a 4.9% difference in their overall index. Asheville scores 107 while Concord scores 102 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Asheville is $1,303/month compared to $1,365/month in Concord — a 5% difference. Interestingly, home values tell a different story: while Asheville has cheaper rent, Concord actually has lower median home values ($327,600 vs $411,000).

Median household income in Asheville is $67,221 compared to $84,752 in Concord (-20.7%). Concord offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Asheville spend roughly 23.3% of their income on rent, more than the 19.3% in Concord.