Harrisonburg vs Prescott Valley-Prescott

Cost of living comparison based on BEA Regional Price Parities. Prescott Valley-Prescott is 3.5% more expensive than Harrisonburg.

3.5% more expensive

Prescott Valley-Prescott, AZ is 3.5% more expensive than Harrisonburg, VA on BEA Regional Price Parities (overall RPP 98.3 vs 94.9). A $100,000 salary in Harrisonburg buys about the same as $103,544 in Prescott Valley-Prescott; the largest component gap is rents.

  • Overall RPP 94.9 (Harrisonburg) vs 98.3 (Prescott Valley-Prescott)
  • $100k in Harrisonburg ≈ $103,544 purchasing power in Prescott Valley-Prescott
  • Rents drives the gap (+16.5 RPP points)

RPP parity plate

Pair VA:AZ 94.9→98.3

TIER-NEAR · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-SHIFT

  • TIER-NEAR Near tier
  • CROSS-STATE VA × AZ
  • SPLIT-BUDGET Split budget
  • BOTH-BELOW Both below 100
  • PP-SHIFT PP shift

Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.

Category Breakdown

Visual Comparison

Overall
Harrisonburg
94.9
Prescott Valley-Prescott
98.3
Goods
Harrisonburg
96.8
Prescott Valley-Prescott
96.2
Services
Harrisonburg
88.5
Prescott Valley-Prescott
91.5
Rents
Harrisonburg
82.3
Prescott Valley-Prescott
98.8

Vertical line = national average (100)

What This Comparison Actually Tells You

Rents creates the largest separation: Prescott Valley-Prescott is 16.5 points higher. But goods move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Prescott Valley-Prescott, AZ is 3.5% more expensive than Harrisonburg, VA, a meaningful but not extreme shift. The move decision turns on which budget category creates the 3.4-point overall gap.

Both metros remain below the U.S. benchmark of 100. This comparison chooses between two below-average price levels; “more expensive” here does not mean nationally expensive.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Harrisonburg corresponds to $103,544 in Prescott Valley-Prescott.

Harrisonburg
94.9
Cost Index
Prescott Valley-Prescott
98.3
Cost Index

Salary Equivalents

What a salary in Harrisonburg would need to be in Prescott Valley-Prescott for the same purchasing power:

In Harrisonburg In Prescott Valley-Prescott Difference
$50,000 $51,772 +$1,772
$75,000 $77,658 +$2,658
$100,000 $103,544 +$3,544
$150,000 $155,316 +$5,316
$ in Harrisonburg = in Prescott Valley-Prescott

Same BEA Regional Price Parity ratio as the table above (94.9 → 98.3), computed live from your number, nothing is sent anywhere.

How the Price Gap Changed

Harrisonburg and Prescott Valley-Prescott share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 10.9 to 3.4 RPP points. Prescott Valley-Prescott remained the higher-index metro in the latest release.

Goods changed the most within this pair: its gap moved 8.7 points between the first and latest shared releases (8.2 to 0.5 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Harrisonburg RPP Prescott Valley-Prescott RPP Relative Gap
2008 92.1 103.0 10.9 points Prescott Valley-Prescott higher
2012 92.4 96.5 4.1 points Prescott Valley-Prescott higher
2016 91.2 98.6 7.4 points Prescott Valley-Prescott higher
2020 90.4 93.2 2.8 points Prescott Valley-Prescott higher
2024 94.9 98.3 3.4 points Prescott Valley-Prescott higher

Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.

Frequently Asked Questions

Is Prescott Valley-Prescott more expensive than Harrisonburg?

Prescott Valley-Prescott is 3.5% more expensive than Harrisonburg. The overall cost index is 98.3 vs 94.9 (national average = 100).

What salary in Prescott Valley-Prescott equals $100K in Harrisonburg?

A $100,000 salary in Harrisonburg has the same purchasing power as $103,544 in Prescott Valley-Prescott. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Harrisonburg and Prescott Valley-Prescott?

Rents in Harrisonburg are indexed at 82.3 while Prescott Valley-Prescott is at 98.8 (national average = 100). Prescott Valley-Prescott has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.