Cary, NC vs Concord, NC

There is a significant gap in the cost of living between these two cities. Concord is 23.8% cheaper than Cary. With a cost index of 102 vs 127, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Concord to Cary should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cary is $1,621/month compared to $1,365/month in Concord — a 19% difference. Home values follow the same pattern: Concord is more affordable at $327,600 median vs $525,200.

Median household income in Cary is $129,399 compared to $84,752 in Concord (+52.7%). While Cary is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cary spend roughly 15% of their income on rent, less than the 19.3% in Concord.