Cost of Living: Concord, NC vs College park, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Concord | College park |
|---|---|---|
| Housing Index | 95.5 | 119.8 |
| Median Home Price | $308,500 | $442,000 |
| Average Rent (2 BR Apartment) | $1722 | $2036 |
| Average Rent (2 BR House) | $1872 | $2213 |
Housing Comparison: Concord vs College park
- The median home price in College park is higher at $442,000, compared to $308,500 in Concord.
- In College park, the rental for a two-bedroom apartment stands at $2,036, while it is $1,722 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 | College park |
|---|---|---|
| Electricity Price | $13.72 | $17.41 |
| Natural Gas Price | $Data is updating | $18.44 |
| Other Utilities | $180 | $252 |
Utilities Comparison: Concord vs College park
- College park has higher electricity costs at $17.41 per kWh, versus $13.72 in Concord.
- Natural gas price data is currently unavailable.
- College park has higher utility expenses, averaging $252, while Concord averages $180.