Cost of Living: Concord, CA vs Erwin, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Concord | Erwin |
|---|---|---|
| Housing Index | 145.0 | 85.0 |
| Median Home Price | $751,000 | $228,000 |
| Average Rent (2 BR Apartment) | $2500 | $1150 |
| Average Rent (2 BR House) | $2150 | $1200 |
Housing Comparison: Concord vs Erwin
- In Concord, the median home price is higher at $751,000, while in Erwin it is $228,000.
- Renting a two-bedroom apartment costs more in Concord at $2,500 than in Erwin at $1,150.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Concord | Erwin |
|---|---|---|
| Electricity Price | $32.99 | $12.57 |
| Natural Gas Price | $16.99 | $12.35 |
| Other Utilities | $300 | $220 |
Utilities Comparison: Concord vs Erwin
- Electricity costs are higher in Concord at $32.99 per kWh, compared to $12.57 in Erwin.
- Natural gas is more expensive in Concord at $16.99 per unit, while it is cheaper at $12.35 in Erwin.
- Other utility costs are higher in Concord at an average of $300, compared to Erwin with $220.