Madison vs Prescott Valley-Prescott

Cost of living comparison based on BEA Regional Price Parities. Prescott Valley-Prescott is 1% more expensive than Madison.

1% more expensive

Prescott Valley-Prescott, AZ is 1% more expensive than Madison, WI on BEA Regional Price Parities (overall RPP 98.3 vs 97.3). A $100,000 salary in Madison buys about the same as $100,995 in Prescott Valley-Prescott; the largest component gap is goods.

  • Overall RPP 97.3 (Madison) vs 98.3 (Prescott Valley-Prescott)
  • $100k in Madison ≈ $100,995 purchasing power in Prescott Valley-Prescott
  • Goods drives the gap (+2.4 RPP points)

RPP parity plate

Pair WI:AZ 97.3→98.3

PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR

  • PHOTO-FINISH Photo finish
  • CROSS-STATE WI × AZ
  • SPLIT-BUDGET Split budget
  • BOTH-BELOW Both below 100
  • 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.

Madison
97.3
Cost Index
Prescott Valley-Prescott
98.3
Cost Index

What This Comparison Actually Tells You

Madison, WI and Prescott Valley-Prescott, AZ are a photo finish on overall price level, only 1.0 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.

Goods creates the largest separation: Prescott Valley-Prescott is 2.4 points higher. But rents 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.

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.

For a goods-led difference, remember that many tradable prices vary less by address than housing or labor-priced services. Use $100,995 in Prescott Valley-Prescott as the BEA equivalent of $100,000 in Madison, then replace the national basket with your own.

Category Breakdown

Visual Comparison

Overall
Madison
97.3
Prescott Valley-Prescott
98.3
Goods
Madison
93.8
Prescott Valley-Prescott
96.2
Services
Madison
89.8
Prescott Valley-Prescott
91.5
Rents
Madison
99.7
Prescott Valley-Prescott
98.8

Vertical line = national average (100)

Salary Equivalents

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

In Madison In Prescott Valley-Prescott Difference
$50,000 $50,497 +$497
$75,000 $75,746 +$746
$100,000 $100,995 +$995
$150,000 $151,492 +$1,492
$ in Madison = in Prescott Valley-Prescott

Same BEA Regional Price Parity ratio as the table above (97.3 → 98.3), computed live from your number, nothing is sent anywhere.

Frequently Asked Questions

Is Prescott Valley-Prescott more expensive than Madison?

Prescott Valley-Prescott is 1% more expensive than Madison. The overall cost index is 98.3 vs 97.3 (national average = 100).

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

A $100,000 salary in Madison has the same purchasing power as $100,995 in Prescott Valley-Prescott. This is based on the BEA Regional Price Parity indexes.

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

Rents in Madison are indexed at 99.7 while Prescott Valley-Prescott is at 98.8 (national average = 100). Madison 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.