String vs. StringBuilder

Question

I understand the difference between String and StringBuilder (StringBuilder being mutable) but is there a large performance difference

Answer 1

The performance of a concatenation operation for a String or StringBuilder object depends on how often a memory allocation occurs. A String concatenation operation always allocates memory, whereas a StringBuilder concatenation operation only allocates memory if the StringBuilder object buffer is too small to accommodate the new data. Consequently, the String class is preferable for a concatenation operation if a fixed number of String objects are concatenated. In that case, the individual concatenation operations might even be combined into a single operation by the compiler. A StringBuilder object is preferable for a concatenation operation if an arbitrary number of strings are concatenated; for example, if a loop concatenates a random number of strings of user input.

Source: MSDN