Yes, that’s close to the same decibel level. Our ears need time to recover from the sound impulses. I am not talking about continuous magazine dumps either. A suppressed .22 subsonic from a bolt action is in the 110-120 decibel range. If you value your hearing, you don’t want to expose your ears to extended unprotected sessions of those impulses.
Of course, “a rock concert’s volume” also varies depending on environmental factors and your location, but OSHA generally regards a generic rock concert as 100-120 decibels. That’s enough noise for the potential for hearing loss in as little as 15 minutes of exposure. Near the stage at an AC/DC concert might be more like 130 decibels.