City Comparison

Concord vs Pembroke Pines

Cost of Living Comparison · 2026

Concord

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

Pembroke Pines

Florida
111
Above Average
$440,000
Median Home
$1,900/mo
Median Rent
$85,900
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 Pembroke Pines.

Category-by-Category Breakdown

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

Housing
89
Concord
140
Pembroke Pines
Groceries
97
Concord
105
Pembroke Pines
Utilities
97
Concord
105
Pembroke Pines
Transportation
92
Concord
99
Pembroke Pines
Healthcare
104
Concord
91
Pembroke Pines

Salary Equivalence

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

Conversely, $75,000 in Pembroke Pines equals $64,865 in Concord.

Living in Concord vs Pembroke Pines

Housing Costs

Concord's housing index of 89 is lower Pembroke Pines's 140, translating to median home prices of $380,000 vs $440,000. The $60,000 difference in home prices means roughly $3,900 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Concord compared to $1,900/mo in Pembroke Pines, a monthly difference of $550.

Grocery & Food Costs

Grocery expenses index at 97 in Concord and 105 in Pembroke Pines. A household spending the national average of $475/month on groceries would pay approximately $461/month in Concord vs $499/month in Pembroke Pines. Concord offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Concord and 105 in Pembroke Pines. Monthly utility bills average approximately $388 in Concord vs $420 in Pembroke Pines. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Concord and 91 in Pembroke Pines. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 13-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $86,900 in Concord and $85,900 in Pembroke Pines. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,521 and $77,387 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 $2,004/month in Pembroke Pines. In Concord, median rent of $1,350/mo fits within this budget. In Pembroke Pines, median rent of $1,900/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 51 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 Pembroke Pines, based on the cost of living difference.
Concord's housing index is 89 with median homes at $380,000, while Pembroke Pines's is 140 with median homes at $440,000.

Moving & Relocation Resources

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