Concord vs Roanoke
Cost of Living Comparison · 2026
Concord
Roanoke
The Verdict
Roanoke is 23.5% less expensive than Concord overall. A household earning $75,000 in Concord would need approximately $60,750 in Roanoke to maintain the same standard of living.
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 $60,750 in Roanoke.
Conversely, $75,000 in Roanoke equals $92,593 in Concord.
Living in Concord vs Roanoke
Housing Costs
Concord's housing index of 110 is higher Roanoke's 57, translating to median home prices of $340,000 vs $225,000. The $115,000 difference in home prices means roughly $7,476 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Concord compared to $1,075/mo in Roanoke, a monthly difference of $300.
Grocery & Food Costs
Grocery expenses index at 101 in Concord and 97 in Roanoke. A household spending the national average of $475/month on groceries would pay approximately $480/month in Concord vs $461/month in Roanoke. 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 116 in Roanoke. Monthly utility bills average approximately $440 in Concord vs $464 in Roanoke. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 113 in Concord and 91 in Roanoke. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 22-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $84,900 in Concord and $52,700 in Roanoke. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $84,900 and $65,062 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 $1,230/month in Roanoke. In Concord, median rent of $1,375/mo fits within this budget. In Roanoke, median rent of $1,075/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 53 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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