Cost of Living: Concord, NC vs Oakes, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Concord | Oakes |
|---|---|---|
| Housing Index | 95.0 | 78.0 |
| Median Home Price | $308,500 | $197,000 |
| Average Rent (2 BR Apartment) | $1200 | $950 |
| Average Rent (2 BR House) | $1440 | $975 |
Housing Comparison: Concord vs Oakes
- In Concord, the median home price is higher at $308,500, while in Oakes it is $197,000.
- In Oakes, 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 | Oakes |
|---|---|---|
| Electricity Price | $13.72 | $13.65 |
| Natural Gas Price | $Data is updating | $10.8 |
| Other Utilities | $180 | $200 |
Utilities Comparison: Concord vs Oakes
- Electricity costs are higher in Concord at $13.72 per kWh, compared to $13.65 in Oakes.
- Natural gas price data is currently unavailable.
- Oakes has higher utility expenses, averaging $200, while Concord averages $180.