Concord vs Springfield
Cost of Living Comparison · 2026
Concord
Springfield
The Verdict
The cost gap between these cities is 10.3%, with Concord being the more affordable option. A $75,000 income in Concord has equivalent purchasing power to $83,594 in Springfield.
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 $83,594 in Springfield.
Conversely, $75,000 in Springfield equals $67,290 in Concord.
Living in Concord vs Springfield
Housing Costs
Concord's housing index of 89 is lower Springfield's 116, translating to median home prices of $380,000 vs $378,000. The $2,000 difference in home prices means roughly $132 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Concord compared to $1,150/mo in Springfield, a monthly difference of $200.
Grocery & Food Costs
Grocery expenses index at 97 in Concord and 101 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $461/month in Concord vs $480/month in Springfield. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 97 in Concord and 96 in Springfield. Monthly utility bills average approximately $388 in Concord vs $384 in Springfield. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 104 in Concord and 102 in Springfield. 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 $57,600 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,521 and $53,832 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 $1,344/month in Springfield. In Concord, median rent of $1,350/mo fits within this budget. In Springfield, median rent of $1,150/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 27 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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