Cost of Living: Springfield, OR vs Concord, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Concord |
|---|---|---|
| Housing Index | 110.0 | 95.0 |
| Median Home Price | $420,000 | $308,500 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1580 | $1440 |
Housing Comparison: Springfield vs Concord
- In Springfield, the median home price is higher at $420,000, while in Concord it is $308,500.
- Renting a two-bedroom apartment costs more in Springfield at $1,500 than in Concord 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 | Springfield | Concord |
|---|---|---|
| Electricity Price | $15.12 | $13.72 |
| Natural Gas Price | $16.5 | $Data is updating |
| Other Utilities | $230 | $180 |
Utilities Comparison: Springfield vs Concord
- Electricity costs are higher in Springfield at $15.12 per kWh, compared to $13.72 in Concord.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Springfield at an average of $230, compared to Concord with $180.