Concord, NC vs Durham, NC

Concord, NC and Durham, NC have a very similar cost of living, with only a 3.5% difference in their overall index. Concord scores 102 while Durham scores 106 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 Concord is $1,365/month compared to $1,412/month in Durham — a 3% difference. Home values follow the same pattern: Concord is more affordable at $327,600 median vs $355,300.

Median household income in Concord is $84,752 compared to $79,234 in Durham (+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 Concord spend roughly 19.3% of their income on rent, less than the 21.4% in Durham.