City Comparison

Concord vs Hollywood

Cost of Living Comparison · 2026

Concord

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

Hollywood

Florida
111
Above Average
$424,000
Median Home
$1,725/mo
Median Rent
$60,300
Median Income

The Verdict

13.5%

The cost gap between these cities is 13.5%, with Concord being the more affordable option. A $75,000 income in Concord has equivalent purchasing power to $86,719 in Hollywood.

Category-by-Category Breakdown

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

Housing
89
Concord
130
Hollywood
Groceries
97
Concord
104
Hollywood
Utilities
97
Concord
96
Hollywood
Transportation
92
Concord
113
Hollywood
Healthcare
104
Concord
96
Hollywood

Salary Equivalence

A $75,000 salary in Concord has the same purchasing power as $86,719 in Hollywood.

Conversely, $75,000 in Hollywood equals $64,865 in Concord.

Living in Concord vs Hollywood

Housing Costs

Concord's housing index of 89 is lower Hollywood's 130, translating to median home prices of $380,000 vs $424,000. The $44,000 difference in home prices means roughly $2,856 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Concord compared to $1,725/mo in Hollywood, a monthly difference of $375.

Grocery & Food Costs

Grocery expenses index at 97 in Concord and 104 in Hollywood. A household spending the national average of $475/month on groceries would pay approximately $461/month in Concord vs $494/month in Hollywood. 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 96 in Hollywood. Monthly utility bills average approximately $388 in Concord vs $384 in Hollywood. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Concord and 96 in Hollywood. 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 $60,300 in Hollywood. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,521 and $54,324 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 $1,407/month in Hollywood. In Concord, median rent of $1,350/mo fits within this budget. In Hollywood, median rent of $1,725/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 41 index points — focus your budget analysis there.

Frequently Asked Questions

Concord is 13.5% more affordable overall with an index of 96 vs 111.
A $75,000 salary in Concord has equivalent purchasing power to approximately $86,719 in Hollywood, based on the cost of living difference.
Concord's housing index is 89 with median homes at $380,000, while Hollywood's is 130 with median homes at $424,000.

Moving & Relocation Resources

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