Median rent is 3% lower in Salt Lake City ($1,414/mo vs $1,451/mo). Buying is cheaper in Concord, where the median home runs $353,700 versus $539,500. Households earn more in Concord ($86,921 vs $75,090 a year). Taken together, Salt Lake City is the more affordable choice with a cost index of 97.1 against 97.3 — about 0% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Concord, NC.
City A
Concord, NC
City B
Salt Lake City, UT
How much would you need to earn in Salt Lake City, UT to maintain your standard of living from Concord, NC?
Equivalent salary in Salt Lake City, UT
$74,863
You could earn $137 less (0% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Concord
North Carolina
Salt Lake City
Utah
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,451/mo in Concord and $1,414/mo in Salt Lake City. Home buyers face a steeper market in Salt Lake City: the median home is $539,500 versus $353,700 in Concord — 34% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Concord
Income tax: N/A
Sales tax: N/A
Salt Lake City
Income tax: N/A
Sales tax: N/A
Air quality data is available for Salt Lake City (avg AQI 41.0) but not yet for Concord.
Pick Concord if you prioritize higher median household income ($86,921/yr).
Is Concord cheaper than Salt Lake City?
Salt Lake City is cheaper overall, with a cost of living index of 97.1 versus 97.3 (US average = 100). That means prices run about 0% lower in Salt Lake City.
How much is rent in Concord vs Salt Lake City?
Median rent is $1,451/mo in Concord, NC and $1,414/mo in Salt Lake City, UT. Salt Lake City, UT has the lower rent by about 3%.
Which has higher salaries — Concord or Salt Lake City?
Median household income is $86,921 in Concord, NC and $75,090 in Salt Lake City, UT. Concord, NC has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Concord or Salt Lake City?
State tax data is not yet available for one or both cities.
What salary do I need in Salt Lake City to match my Concord income?
To maintain the same purchasing power, a salary of $100,000 in Concord, NC is equivalent to roughly $99,817 in Salt Lake City, UT (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
