Concord vs Durham

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 $75,750 in Durham.

Conversely, $75,000 in Durham equals $74,257 in Concord.

Living in Concord vs Durham

Housing Costs

Concord's housing index of 110 is higher Durham's 104, translating to median home prices of $340,000 vs $340,000. The $0 difference in home prices means roughly $0 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Concord compared to $1,400/mo in Durham, a monthly difference of $25.

Grocery & Food Costs

Grocery expenses index at 101 in Concord and 100 in Durham. A household spending the national average of $475/month on groceries would pay approximately $480/month in Concord vs $475/month in Durham. 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 110 in Concord and 93 in Durham. Monthly utility bills average approximately $440 in Concord vs $372 in Durham. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 113 in Concord and 108 in Durham. 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 $84,900 in Concord and $57,738 in Durham. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $84,900 and $57,166 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 $1,981/month to housing in Concord vs $1,347/month in Durham. In Concord, median rent of $1,375/mo fits within this budget. In Durham, median rent of $1,400/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Utilities, where the gap is 17 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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