Overall
- Knoxville
- 92.6
Diff +5.7 RPP
Knoxville vs Prescott Valley-Prescott
Cost of living comparison based on BEA Regional Price Parities. Prescott Valley-Prescott is 6.1% more expensive than Knoxville.
6.1% more expensive
Prescott Valley-Prescott, AZ is 6.1% more expensive than Knoxville, TN on BEA Regional Price Parities (overall RPP 98.3 vs 92.6). A $100,000 salary in Knoxville buys about the same as $106,142 in Prescott Valley-Prescott; the largest component gap is services.
- Overall RPP 92.6 (Knoxville) vs 98.3 (Prescott Valley-Prescott)
- $100k in Knoxville ≈ $106,142 purchasing power in Prescott Valley-Prescott
- Services drives the gap (+19.6 RPP points)
RPP parity plate
Pair TN:AZ 92.6→98.3
TIER-NEAR · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-SHIFT
- TIER-NEAR Near tier
- CROSS-STATE TN × 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
Goods
- Knoxville
- 96.2
Diff -0.0 RPP
Services
- Knoxville
- 71.9
Diff +19.6 RPP
Rents
- Knoxville
- 82.8
Diff +16.0 RPP
| Category | Knoxville | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Overall | 92.6 | 98.3 | +5.7 |
| Goods | 96.2 | 96.2 | -0.0 |
| Services | 71.9 | 91.5 | +19.6 |
| Rents | 82.8 | 98.8 | +16.0 |
Visual Comparison
Overall
Knoxville 92.6
Prescott Valley-Prescott 98.3
Goods
Knoxville 96.2
Prescott Valley-Prescott 96.2
Services
Knoxville 71.9
Prescott Valley-Prescott 91.5
Rents
Knoxville 82.8
Prescott Valley-Prescott 98.8
Vertical line = national average (100)
What This Comparison Actually Tells You
Services creates the largest separation: Prescott Valley-Prescott is 19.6 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 6.1% more expensive than Knoxville, TN, a meaningful but not extreme shift. The move decision turns on which budget category creates the 5.7-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 service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Knoxville to $106,142 in Prescott Valley-Prescott, but it is not a personal spending weight.
Knoxville
92.6
Cost Index
Prescott Valley-Prescott
98.3
Cost Index
Salary Equivalents
What a salary in Knoxville would need to be in Prescott Valley-Prescott for the same purchasing power:
| In Knoxville | In Prescott Valley-Prescott | Difference |
|---|---|---|
| $50,000 | $53,071 | +$3,071 |
| $75,000 | $79,607 | +$4,607 |
| $100,000 | $106,142 | +$6,142 |
| $150,000 | $159,214 | +$9,214 |
$ in Knoxville = in Prescott Valley-Prescott
Same BEA Regional Price Parity ratio as the table above (92.6 → 98.3), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Prescott Valley-Prescott more expensive than Knoxville?
Prescott Valley-Prescott is 6.1% more expensive than Knoxville. The overall cost index is 98.3 vs 92.6 (national average = 100).
What salary in Prescott Valley-Prescott equals $100K in Knoxville?
A $100,000 salary in Knoxville has the same purchasing power as $106,142 in Prescott Valley-Prescott. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Knoxville and Prescott Valley-Prescott?
Rents in Knoxville are indexed at 82.8 while Prescott Valley-Prescott is at 98.8 (national average = 100). Prescott Valley-Prescott has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
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.