City Comparison

Concord vs Sparks

Cost of Living Comparison · 2026

Concord

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

Sparks

Nevada
119
Above Average
$500,000
Median Home
$1,475/mo
Median Rent
$67,200
Median Income

The Verdict

19.3%

Concord is 19.3% less expensive than Sparks overall. A household earning $75,000 in Concord would need approximately $92,969 in Sparks to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
89
Concord
162
Sparks
Groceries
97
Concord
103
Sparks
Utilities
97
Concord
90
Sparks
Transportation
92
Concord
122
Sparks
Healthcare
104
Concord
88
Sparks

Salary Equivalence

A $75,000 salary in Concord has the same purchasing power as $92,969 in Sparks.

Conversely, $75,000 in Sparks equals $60,504 in Concord.

Living in Concord vs Sparks

Housing Costs

Concord's housing index of 89 is lower Sparks's 162, translating to median home prices of $380,000 vs $500,000. The $120,000 difference in home prices means roughly $7,800 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Concord compared to $1,475/mo in Sparks, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 97 in Concord and 103 in Sparks. A household spending the national average of $475/month on groceries would pay approximately $461/month in Concord vs $489/month in Sparks. Concord offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Concord and 90 in Sparks. Monthly utility bills average approximately $388 in Concord vs $360 in Sparks. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Concord and 88 in Sparks. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 16-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 Sparks. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,521 and $56,471 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 Sparks. In Concord, median rent of $1,350/mo fits within this budget. In Sparks, median rent of $1,475/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 73 index points — focus your budget analysis there.

Frequently Asked Questions

Concord is 19.3% more affordable overall with an index of 96 vs 119.
A $75,000 salary in Concord has equivalent purchasing power to approximately $92,969 in Sparks, based on the cost of living difference.
Concord's housing index is 89 with median homes at $380,000, while Sparks's is 162 with median homes at $500,000.

Moving & Relocation Resources

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