City Comparison

Concord vs Daytona Beach

Cost of Living Comparison · 2026

Concord

North Carolina
96
Average
$380,000
Median Home
$1,350/mo
Median Rent
$86,900
Median Income

Daytona Beach

Florida
95
Below Average
$288,000
Median Home
$1,350/mo
Median Rent
$52,100
Median Income

The Verdict

1.1%

Daytona Beach is 1.1% less expensive than Concord overall. A household earning $75,000 in Concord would need approximately $74,219 in Daytona Beach to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
89
Concord
93
Daytona Beach
Groceries
97
Concord
104
Daytona Beach
Utilities
97
Concord
101
Daytona Beach
Transportation
92
Concord
102
Daytona Beach
Healthcare
104
Concord
99
Daytona Beach

Salary Equivalence

A $75,000 salary in Concord has the same purchasing power as $74,219 in Daytona Beach.

Conversely, $75,000 in Daytona Beach equals $75,789 in Concord.

Living in Concord vs Daytona Beach

Housing Costs

Concord's housing index of 89 is lower Daytona Beach's 93, translating to median home prices of $380,000 vs $288,000. The $92,000 difference in home prices means roughly $5,976 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Concord compared to $1,350/mo in Daytona Beach, a monthly difference of $0.

Grocery & Food Costs

Grocery expenses index at 97 in Concord and 104 in Daytona Beach. A household spending the national average of $475/month on groceries would pay approximately $461/month in Concord vs $494/month in Daytona Beach. Concord offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Concord and 101 in Daytona Beach. Monthly utility bills average approximately $388 in Concord vs $404 in Daytona Beach. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Concord and 99 in Daytona Beach. 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 $86,900 in Concord and $52,100 in Daytona Beach. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,521 and $54,842 respectively. Concord residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,028/month to housing in Concord vs $1,216/month in Daytona Beach. In Concord, median rent of $1,350/mo fits within this budget. In Daytona Beach, median rent of $1,350/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Transportation, where the gap is 10 index points — focus your budget analysis there.

Frequently Asked Questions

Daytona Beach is 1.1% more affordable overall with an index of 95 vs 96.
A $75,000 salary in Concord has equivalent purchasing power to approximately $74,219 in Daytona Beach, based on the cost of living difference.
Concord's housing index is 89 with median homes at $380,000, while Daytona Beach's is 93 with median homes at $288,000.

Moving & Relocation Resources

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