City Comparison

Concord vs Irvine

Cost of Living Comparison · 2026

Concord

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

Irvine

California
178
Very Expensive
$1.1M
Median Home
$3,000/mo
Median Rent
$108,038
Median Income

The Verdict

46.1%

Living in Concord costs 46.1% less than Irvine. To match the purchasing power of a $75,000 salary in Concord, you would need $139,063 in Irvine.

Category-by-Category Breakdown

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

Housing
89
Concord
294
Irvine
Groceries
97
Concord
108
Irvine
Utilities
97
Concord
115
Irvine
Transportation
92
Concord
115
Irvine
Healthcare
104
Concord
109
Irvine

Salary Equivalence

A $75,000 salary in Concord has the same purchasing power as $139,063 in Irvine.

Conversely, $75,000 in Irvine equals $40,449 in Concord.

Living in Concord vs Irvine

Housing Costs

Concord's housing index of 89 is lower Irvine's 294, translating to median home prices of $380,000 vs $1.1M. The $670,000 difference in home prices means roughly $43,548 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Concord compared to $3,000/mo in Irvine, a monthly difference of $1,650.

Grocery & Food Costs

Grocery expenses index at 97 in Concord and 108 in Irvine. A household spending the national average of $475/month on groceries would pay approximately $461/month in Concord vs $513/month in Irvine. Concord offers a meaningful advantage on everyday food costs, saving roughly $624/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Concord and 115 in Irvine. Monthly utility bills average approximately $388 in Concord vs $460 in Irvine. 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 104 in Concord and 109 in Irvine. 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 $108,038 in Irvine. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,521 and $60,696 respectively. Concord residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,028/month to housing in Concord vs $2,521/month in Irvine. In Concord, median rent of $1,350/mo fits within this budget. In Irvine, median rent of $3,000/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 205 index points — focus your budget analysis there.

Frequently Asked Questions

Concord is 46.1% more affordable overall with an index of 96 vs 178.
A $75,000 salary in Concord has equivalent purchasing power to approximately $139,063 in Irvine, based on the cost of living difference.
Concord's housing index is 89 with median homes at $380,000, while Irvine's is 294 with median homes at $1.1M.

Moving & Relocation Resources

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