Cost of Living: Concord, NC vs Fargo, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Concord | Fargo |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $308,500 | $334,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1440 | $1320 |
Housing Comparison: Concord vs Fargo
- The median home price in Fargo is higher at $334,000, compared to $308,500 in Concord.
- The rent for a two-bedroom apartment is equal in both Concord and Fargo at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Concord | Fargo |
|---|---|---|
| Electricity Price | $13.72 | $13.65 |
| Natural Gas Price | $Data is updating | $10.8 |
| Other Utilities | $180 | $250 |
Utilities Comparison: Concord vs Fargo
- Electricity costs are higher in Concord at $13.72 per kWh, compared to $13.65 in Fargo.
- Natural gas price data is currently unavailable.
- Fargo has higher utility expenses, averaging $250, while Concord averages $180.