Concord wins overall by ~14% (COL index)
Cost of living: Concord vs Chicago (2026)
A $64,500 salary in Concord buys roughly what $75,016 does in Chicago (COL-adjusted). Your real trade-offs are taxes, rent, and day-to-day prices — we break them down and personalize below.
Your move simulator
Tell us about your household — we calculate your real annual savings.
Estimated annual swing
+$6,639/yr
Favoring Concord for this income & household (illustrative).
With the extra $553/mo, you could pay down a $15,000 card balance in ~28 months and still keep ~$66/mo for dining out.
Studio rent/mo
1BR rent/mo
2BR rent/mo
Median home price
Groceries index (100 = US avg)
Budget meal (1 person)
Mid-range dinner (2)
Monthly transit pass/mo
Gas price/gal
Car insurance/mo
Monthly utilities bundle/mo
Internet/mo
Median household income/yr
State income tax%
Sales tax (combined)%
Movie ticket
Gym membership/mo
Beer at restaurant
Overall COL index (100 = US avg)
Walk score / 100
| Category | Concord North Carolina | Chicago Illinois | Who wins | Your impact at $65K · 1br · 1 car |
|---|---|---|---|---|
| 🏠 HousingQ1 2026 | ||||
| Studio rent/mo | $1,200Wins | $1,500 | Concord wins +$300/mo | $3,600/yr saves in Concord |
| 1BR rent/mo | $1,500Wins | $1,900 | Concord wins +$400/mo | $4,800/yr saves in Concord |
| 2BR rent/mo | $1,950Wins | $2,600 | Concord wins +$650/mo | $7,800/yr saves in Concord |
| Median home price | $320KBetter | $360K | Concord wins +$40K | — |
| 🛒 Food & GroceriesQ1 2026 | ||||
| Groceries index (100 = US avg) | 96Better | 102 | Concord wins +6 | — |
| Budget meal (1 person) | $13Wins | $15 | Concord wins +$2/mo | — |
| Mid-range dinner (2) | $54Better | $60 | Concord wins +$6/mo | — |
| 🚌 TransportationQ1 2026 | ||||
| Monthly transit pass/mo | $42Wins | $105 | Concord wins +$63/mo | $756/yr saves in Concord |
| Gas price/gal | $3.10Better | $3.40 | Concord wins +$0.30 | — |
| Car insurance/mo | $145Wins | $165 | Concord wins +$20/mo | $240/yr saves in Concord |
| ⚡ UtilitiesQ1 2026 | ||||
| Monthly utilities bundle/mo | $152Better | $165 | Concord wins +$13/mo | — |
| Internet/mo | $60Better | $65 | Concord wins +$5/mo | — |
| 💰 Income & TaxesQ1 2026 | ||||
| Median household income/yr | $62K | $67KBetter | Chicago wins +$5K more/yr | — |
| State income tax% | 4.5%Better | 4.9% | Concord wins +0.4 pp | $258/yr saves in Concord |
| Sales tax (combined)% | 7.3%Wins | 10.3% | Concord wins +3.0 pp | — |
| 🎬 LeisureQ1 2026 | ||||
| Movie ticket | $14.00Wins | $16.00 | Concord wins +$2.00 | — |
| Gym membership/mo | $38Wins | $45 | Concord wins +$7/mo | — |
| Beer at restaurant | $6.00Wins | $7.00 | Concord wins +$1.00 | — |
| 📊 OverviewQ1 2026 | ||||
| Overall COL index (100 = US avg) | 92Wins | 107 | Concord wins +15 | — |
| Walk score / 100 | 22 | 78Wins | Chicago wins +56 more/yr | — |
Complete the Picture
While you’re comparing — don’t leave money on the table.
Tax-smart rewards
Maximize everyday spend in your new city
Concord fits your move math — cash-back cards stack on groceries, gas, and dining you're already doing.
Home + auto bundle
New state — new insurance rates
Bundling often saves hundreds/yr. Compare before you sign a lease in Concord.
High-yield savings
Park ~$4,800/yr rent savings at 4–5%+ APY
Don't let relocation cash sit at 0% — put it to work until closing day.
More ways to compare this move
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While you’re comparing — don’t leave money on the table.
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Invest the surplus on autopilot
Brokerages and robo-advisors help you dollar-cost average into the market with your new slack.
Frequently asked questions
Is Concord cheaper than Chicago?
Yes. Concord is 14% cheaper than Chicago based on overall cost of living indices (92 vs 107, where 100 = US average).
What is the average rent in Concord vs Chicago?
As of Q1 2026, the median 1-bedroom rent in Concord is $1,500/month and in Chicago is $1,900/month. Concord is cheaper by 21%.
How much do I need to earn in Chicago to match a $75,000 salary in Concord?
To maintain a similar lifestyle, you would need approximately $87,228/year in Chicago to match a $75,000 salary in Concord. This estimate is based on overall cost of living indices and does not account for individual spending patterns.
Which city has lower taxes — Concord or Chicago?
Concord has the lower state income tax rate at 4.5% vs 4.9%. The difference is 0.4 percentage points. Note that sales tax and local taxes also vary — see the full breakdown in the table above.
Is it worth moving from Concord to Chicago?
It depends on your priorities. Concord offers lower overall costs, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.
Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS · Updated Q1 2026 · For general guidance only
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Salary equivalent: Concord ↔ Chicago
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