City Comparison

Concord vs Syracuse

Cost of Living Comparison · 2026

Concord

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

Syracuse

New York
92
Below Average
$140,000
Median Home
$950/mo
Median Rent
$36,708
Median Income

The Verdict

4.3%

The cost gap between these cities is 4.3%, with Syracuse being the more affordable option. A $75,000 income in Concord has equivalent purchasing power to $71,875 in Syracuse.

Category-by-Category Breakdown

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

Housing
89
Concord
69
Syracuse
Groceries
97
Concord
101
Syracuse
Utilities
97
Concord
105
Syracuse
Transportation
92
Concord
101
Syracuse
Healthcare
104
Concord
100
Syracuse

Salary Equivalence

A $75,000 salary in Concord has the same purchasing power as $71,875 in Syracuse.

Conversely, $75,000 in Syracuse equals $78,261 in Concord.

Living in Concord vs Syracuse

Housing Costs

Concord's housing index of 89 is higher Syracuse's 69, translating to median home prices of $380,000 vs $140,000. The $240,000 difference in home prices means roughly $15,600 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Concord compared to $950/mo in Syracuse, a monthly difference of $400.

Grocery & Food Costs

Grocery expenses index at 97 in Concord and 101 in Syracuse. A household spending the national average of $475/month on groceries would pay approximately $461/month in Concord vs $480/month in Syracuse. 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 105 in Syracuse. Monthly utility bills average approximately $388 in Concord vs $420 in Syracuse. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Concord and 100 in Syracuse. 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 $36,708 in Syracuse. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,521 and $39,900 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 $857/month in Syracuse. In Concord, median rent of $1,350/mo fits within this budget. In Syracuse, median rent of $950/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 20 index points — focus your budget analysis there.

Frequently Asked Questions

Syracuse is 4.3% more affordable overall with an index of 92 vs 96.
A $75,000 salary in Concord has equivalent purchasing power to approximately $71,875 in Syracuse, based on the cost of living difference.
Concord's housing index is 89 with median homes at $380,000, while Syracuse's is 69 with median homes at $140,000.

Moving & Relocation Resources

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