Cost of Living: Concord, NC vs Silt, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Concord | Silt |
|---|---|---|
| Housing Index | 95.0 | 110.0 |
| Median Home Price | $308,500 | $463,500 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1440 | $1840 |
Housing Comparison: Concord vs Silt
- The median home price in Silt is higher at $463,500, compared to $308,500 in Concord.
- In Silt, 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 | Silt |
|---|---|---|
| Electricity Price | $13.72 | $15.21 |
| Natural Gas Price | $Data is updating | $11.3 |
| Other Utilities | $180 | $250 |
Utilities Comparison: Concord vs Silt
- Silt has higher electricity costs at $15.21 per kWh, versus $13.72 in Concord.
- Natural gas price data is currently unavailable.
- Silt has higher utility expenses, averaging $250, while Concord averages $180.