Concord, NC vs Fuquay-Varina, NC
Concord is moderately more affordable than Fuquay-Varina, with a 13.3% lower cost of living index. Concord scores 102 compared to 118 for Fuquay-Varina, where the US average is 100. This difference means residents of Fuquay-Varina can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Concord is $1,365/month compared to $1,646/month in Fuquay-Varina — a 17% difference. Home values follow the same pattern: Concord is more affordable at $327,600 median vs $410,600.
Median household income in Concord is $84,752 compared to $111,447 in Fuquay-Varina (-24%). While Fuquay-Varina is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Concord spend roughly 19.3% of their income on rent, more than the 17.7% in Fuquay-Varina.
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