City Comparison

Concord vs Wilmington

Cost of Living Comparison · 2026

Concord

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

Wilmington

Delaware
104
Average
$235,000
Median Home
$1,200/mo
Median Rent
$46,520
Median Income

The Verdict

7.7%

Living in Concord costs 7.7% less than Wilmington. To match the purchasing power of a $75,000 salary in Concord, you would need $81,250 in Wilmington.

Category-by-Category Breakdown

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

Housing
89
Concord
104
Wilmington
Groceries
97
Concord
103
Wilmington
Utilities
97
Concord
106
Wilmington
Transportation
92
Concord
103
Wilmington
Healthcare
104
Concord
106
Wilmington

Salary Equivalence

A $75,000 salary in Concord has the same purchasing power as $81,250 in Wilmington.

Conversely, $75,000 in Wilmington equals $69,231 in Concord.

Living in Concord vs Wilmington

Housing Costs

Concord's housing index of 89 is lower Wilmington's 104, translating to median home prices of $380,000 vs $235,000. The $145,000 difference in home prices means roughly $9,420 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Concord compared to $1,200/mo in Wilmington, a monthly difference of $150.

Grocery & Food Costs

Grocery expenses index at 97 in Concord and 103 in Wilmington. A household spending the national average of $475/month on groceries would pay approximately $461/month in Concord vs $489/month in Wilmington. 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 106 in Wilmington. Monthly utility bills average approximately $388 in Concord vs $424 in Wilmington. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Concord and 106 in Wilmington. 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 $46,520 in Wilmington. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,521 and $44,731 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 $1,085/month in Wilmington. In Concord, median rent of $1,350/mo fits within this budget. In Wilmington, median rent of $1,200/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 15 index points — focus your budget analysis there.

Frequently Asked Questions

Concord is 7.7% more affordable overall with an index of 96 vs 104.
A $75,000 salary in Concord has equivalent purchasing power to approximately $81,250 in Wilmington, based on the cost of living difference.
Concord's housing index is 89 with median homes at $380,000, while Wilmington's is 104 with median homes at $235,000.

Moving & Relocation Resources

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