Overall
Diff -2.0 RPP
Las Vegas-Henderson-North Las Vegas vs Prescott Valley-Prescott
Cost of living comparison based on BEA Regional Price Parities. Prescott Valley-Prescott is 2% less expensive than Las Vegas-Henderson-North Las Vegas.
2% less expensive
Prescott Valley-Prescott, AZ is 2% less expensive than Las Vegas-Henderson-North Las Vegas, NV on BEA Regional Price Parities (overall RPP 98.3 vs 100.2). A $100,000 salary in Las Vegas-Henderson-North Las Vegas buys about the same as $98,044 in Prescott Valley-Prescott; the largest component gap is rents.
- Overall RPP 100.2 (Las Vegas-Henderson-North Las Vegas) vs 98.3 (Prescott Valley-Prescott)
- $100k in Las Vegas-Henderson-North Las Vegas ≈ $98,044 purchasing power in Prescott Valley-Prescott
- Rents drives the gap (-16.8 RPP points)
RPP parity plate
Pair NV:AZ 100.2→98.3
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BENCH-CROSS · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE NV × AZ
- SPLIT-BUDGET Split budget
- BENCH-CROSS Benchmark cross
- PP-PAR PP near-par
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.
Las Vegas-Henderson-North Las Vegas
100.2
Cost Index
Prescott Valley-Prescott
98.3
Cost Index
What This Comparison Actually Tells You
Las Vegas-Henderson-North Las Vegas, NV and Prescott Valley-Prescott, AZ are a photo finish on overall price level, only 2.0 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.
Rents creates the largest separation: Prescott Valley-Prescott is 16.8 points lower. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
This route crosses the national benchmark: Las Vegas-Henderson-North Las Vegas is above 100 while Prescott Valley-Prescott is below it. That makes the move a change of price regime, not merely a rank swap.
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 Las Vegas-Henderson-North Las Vegas corresponds to $98,044 in Prescott Valley-Prescott.
Category Breakdown
Goods
Diff -0.0 RPP
Services
Diff +0.8 RPP
Rents
Diff -16.8 RPP
| Category | Las Vegas-Henderson-North Las Vegas | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Overall | 100.2 | 98.3 | -2.0 |
| Goods | 96.3 | 96.2 | -0.0 |
| Services | 90.6 | 91.5 | +0.8 |
| Rents | 115.5 | 98.8 | -16.8 |
Visual Comparison
Overall
Las Vegas-Henderson-North Las Vegas 100.2
Prescott Valley-Prescott 98.3
Goods
Las Vegas-Henderson-North Las Vegas 96.3
Prescott Valley-Prescott 96.2
Services
Las Vegas-Henderson-North Las Vegas 90.6
Prescott Valley-Prescott 91.5
Rents
Las Vegas-Henderson-North Las Vegas 115.5
Prescott Valley-Prescott 98.8
Vertical line = national average (100)
How the Price Gap Changed
Las Vegas-Henderson-North Las Vegas and Prescott Valley-Prescott share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 1.4 to 2.0 RPP points. Las Vegas-Henderson-North Las Vegas remained the higher-index metro in the latest release.
Services changed the most within this pair: its gap moved 9.7 points between the first and latest shared releases (8.9 to 0.8 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Las Vegas-Henderson-North Las Vegas RPP | Prescott Valley-Prescott RPP | Relative Gap |
|---|---|---|---|
| 2008 | 101.6 | 103.0 | 1.4 points Prescott Valley-Prescott higher |
| 2012 | 102.3 | 96.5 | 5.8 points Las Vegas-Henderson-North Las Vegas higher |
| 2016 | 97.5 | 98.6 | 1.1 points Prescott Valley-Prescott higher |
| 2020 | 97.8 | 93.2 | 4.6 points Las Vegas-Henderson-North Las Vegas higher |
| 2024 | 100.2 | 98.3 | 2.0 points Las Vegas-Henderson-North Las Vegas 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.
Salary Equivalents
What a salary in Las Vegas-Henderson-North Las Vegas would need to be in Prescott Valley-Prescott for the same purchasing power:
| In Las Vegas-Henderson-North Las Vegas | In Prescott Valley-Prescott | Difference |
|---|---|---|
| $50,000 | $49,022 | $-978 |
| $75,000 | $73,533 | $-1,467 |
| $100,000 | $98,044 | $-1,956 |
| $150,000 | $147,066 | $-2,934 |
$ in Las Vegas-Henderson-North Las Vegas = in Prescott Valley-Prescott
Same BEA Regional Price Parity ratio as the table above (100.2 → 98.3), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Prescott Valley-Prescott more expensive than Las Vegas-Henderson-North Las Vegas?
Prescott Valley-Prescott is 2% less expensive than Las Vegas-Henderson-North Las Vegas. The overall cost index is 98.3 vs 100.2 (national average = 100).
What salary in Prescott Valley-Prescott equals $100K in Las Vegas-Henderson-North Las Vegas?
A $100,000 salary in Las Vegas-Henderson-North Las Vegas has the same purchasing power as $98,044 in Prescott Valley-Prescott. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Las Vegas-Henderson-North Las Vegas and Prescott Valley-Prescott?
Rents in Las Vegas-Henderson-North Las Vegas are indexed at 115.5 while Prescott Valley-Prescott is at 98.8 (national average = 100). Las Vegas-Henderson-North Las Vegas 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.