Cost of Living: Concord, NC vs Lancaster, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Concord | Lancaster |
|---|---|---|
| Housing Index | 95.0 | 115.0 |
| Median Home Price | $308,500 | $399,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1440 | $1875 |
Housing Comparison: Concord vs Lancaster
- The median home price in Lancaster is higher at $399,000, compared to $308,500 in Concord.
- In Lancaster, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Concord.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Concord | Lancaster |
|---|---|---|
| Electricity Price | $13.72 | $32.99 |
| Natural Gas Price | $Data is updating | $16.99 |
| Other Utilities | $180 | $250 |
Utilities Comparison: Concord vs Lancaster
- Lancaster has higher electricity costs at $32.99 per kWh, versus $13.72 in Concord.
- Natural gas price data is currently unavailable.
- Lancaster has higher utility expenses, averaging $250, while Concord averages $180.