Cary vs Concord
Cost of Living Comparison · 2026
Cary
Concord
The Verdict
The cost gap between these cities is 6.0%, with Concord being the more affordable option. A $75,000 income in Cary has equivalent purchasing power to $70,755 in Concord.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Cary has the same purchasing power as $70,755 in Concord.
Conversely, $75,000 in Concord equals $79,500 in Cary.
Living in Cary vs Concord
Housing Costs
Cary's housing index of 152 is higher Concord's 110, translating to median home prices of $500,000 vs $340,000. The $160,000 difference in home prices means roughly $10,404 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,850/mo in Cary compared to $1,375/mo in Concord, a monthly difference of $475.
Grocery & Food Costs
Grocery expenses index at 101 in Cary and 101 in Concord. A household spending the national average of $475/month on groceries would pay approximately $480/month in Cary vs $480/month in Concord. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 97 in Cary and 110 in Concord. Monthly utility bills average approximately $388 in Cary vs $440 in Concord. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 113 in Cary and 113 in Concord. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $117,400 in Cary and $84,900 in Concord. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $110,755 and $84,900 respectively. Cary residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $2,739/month to housing in Cary vs $1,981/month in Concord. In Cary, median rent of $1,850/mo fits within this budget. In Concord, median rent of $1,375/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 42 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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