City Comparison

Concord vs Pompano Beach

Cost of Living Comparison · 2026

Concord

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

Pompano Beach

Florida
111
Above Average
$349,000
Median Home
$1,750/mo
Median Rent
$67,200
Median Income

The Verdict

13.5%

Concord is 13.5% less expensive than Pompano Beach overall. A household earning $75,000 in Concord would need approximately $86,719 in Pompano Beach to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
89
Concord
133
Pompano Beach
Groceries
97
Concord
104
Pompano Beach
Utilities
97
Concord
105
Pompano Beach
Transportation
92
Concord
111
Pompano Beach
Healthcare
104
Concord
93
Pompano Beach

Salary Equivalence

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

Conversely, $75,000 in Pompano Beach equals $64,865 in Concord.

Living in Concord vs Pompano Beach

Housing Costs

Concord's housing index of 89 is lower Pompano Beach's 133, translating to median home prices of $380,000 vs $349,000. The $31,000 difference in home prices means roughly $2,016 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Concord compared to $1,750/mo in Pompano Beach, a monthly difference of $400.

Grocery & Food Costs

Grocery expenses index at 97 in Concord and 104 in Pompano Beach. A household spending the national average of $475/month on groceries would pay approximately $461/month in Concord vs $494/month in Pompano 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 105 in Pompano Beach. Monthly utility bills average approximately $388 in Concord vs $420 in Pompano Beach. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Concord and 93 in Pompano Beach. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-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 $67,200 in Pompano Beach. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,521 and $60,541 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 $1,568/month in Pompano Beach. In Concord, median rent of $1,350/mo fits within this budget. In Pompano Beach, median rent of $1,750/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 44 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 Pompano Beach, based on the cost of living difference.
Concord's housing index is 89 with median homes at $380,000, while Pompano Beach's is 133 with median homes at $349,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases