Cost of Living: Concord, NC vs Montgomery, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Concord | Montgomery |
|---|---|---|
| Housing Index | 95.0 | 89.0 |
| Median Home Price | $308,500 | $250,000 |
| Average Rent (2 BR Apartment) | $1200 | $950 |
| Average Rent (2 BR House) | $1440 | $1000 |
Housing Comparison: Concord vs Montgomery
- In Concord, the median home price is higher at $308,500, while in Montgomery it is $250,000.
- In Montgomery, the rental for a two-bedroom apartment stands at $950, 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 | Montgomery |
|---|---|---|
| Electricity Price | $13.72 | $15.03 |
| Natural Gas Price | $Data is updating | $21.76 |
| Other Utilities | $180 | $220 |
Utilities Comparison: Concord vs Montgomery
- Montgomery has higher electricity costs at $15.03 per kWh, versus $13.72 in Concord.
- Natural gas price data is currently unavailable.
- Montgomery has higher utility expenses, averaging $220, while Concord averages $180.