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Concord, NC vs Kannapolis, NC

102
Concord
North Carolina
VS
+14.2%
90
Kannapolis
North Carolina

Kannapolis is moderately more affordable than Concord, with a 14.2% lower cost of living index. Concord scores 102 compared to 90 for Kannapolis, where the US average is 100. This difference means residents of Concord 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 $1,168/month in Kannapolis — a 17% difference. Home values follow the same pattern: Kannapolis is more affordable at $245,500 median vs $327,600.

Median household income in Concord is $84,752 compared to $70,691 in Kannapolis (+19.9%). While Concord 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, less than the 19.8% in Kannapolis.

Income & Cost

Cost of Living Index
Concord
102
Kannapolis
90
12% cheaper
Median Household Income
Concord
$84,752
17% higher
Kannapolis
$70,691

Housing

Median Rent
Concord
$1,365
Kannapolis
$1,168
14% cheaper
Median Home Value
Concord
$327,600
Kannapolis
$245,500
25% cheaper
Population
Concord
106,518
Kannapolis
56,470

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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