Concord vs Medford
Cost of Living Comparison · 2026
Concord
Medford
The Verdict
Concord is 9.4% less expensive than Medford overall. A household earning $75,000 in Concord would need approximately $82,813 in Medford to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Concord has the same purchasing power as $82,813 in Medford.
Conversely, $75,000 in Medford equals $67,925 in Concord.
Living in Concord vs Medford
Housing Costs
Concord's housing index of 89 is lower Medford's 139, translating to median home prices of $380,000 vs $406,000. The $26,000 difference in home prices means roughly $1,692 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Concord compared to $1,375/mo in Medford, a monthly difference of $25.
Grocery & Food Costs
Grocery expenses index at 97 in Concord and 108 in Medford. A household spending the national average of $475/month on groceries would pay approximately $461/month in Concord vs $513/month in Medford. 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 97 in Medford. Monthly utility bills average approximately $388 in Concord vs $388 in Medford. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 104 in Concord and 100 in Medford. 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 $73,200 in Medford. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,521 and $69,057 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 $1,708/month in Medford. In Concord, median rent of $1,350/mo fits within this budget. In Medford, median rent of $1,375/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 50 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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