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 | 116.2 | 95.5 |
| Median Home Price | $420,000 | $308,500 |
| Average Rent (2 BR Apartment) | $1757 | $1722 |
| Average Rent (2 BR House) | $1910 | $1872 |
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 $1,757 than in Concord at $1,722.
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 | $248 | $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 $248, compared to Concord with $180.