Concord, NC Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Concord, NC in 2024?

Overall, on average, a gross annual salary of $59,639 is required for an average quality of life in Concord, NC.

Is the Cost of Living High in Concord, NC?

Concord, NC is ranked 113th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheaper cities in which to live in the U.S. Concord, NC's average monthly rent is 34% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Concord, NC in 2024?

A gross annual salary of $50,000 in Concord, NC will yield an average annual net salary of $43,632. Considering that the total average annual cost of living in Concord, NC is $43,644, a gross annual salary of $50,000 will be insufficient to cover average living costs.

How Much Should You Pay for Rent in Concord, NC?

The average monthly rent in Concord, NC in the city center is $1,100 for a 1 bedroom apartment, $1,409 for a 2 bedroom apartment and $1,701 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,100 for a 1 bedroom apartment, $1,401 for a 2 bedroom apartment and $1,703 for a 3 bedroom apartment.