Overall
Diff -15.9 RPP
Miami-Fort Lauderdale-West Palm Beach vs Prescott Valley-Prescott
Cost of living comparison based on BEA Regional Price Parities. Prescott Valley-Prescott is 13.9% less expensive than Miami-Fort Lauderdale-West Palm Beach.
13.9% less expensive
Prescott Valley-Prescott, AZ is 13.9% less expensive than Miami-Fort Lauderdale-West Palm Beach, FL on BEA Regional Price Parities (overall RPP 98.3 vs 114.2). A $100,000 salary in Miami-Fort Lauderdale-West Palm Beach buys about the same as $86,072 in Prescott Valley-Prescott; the largest component gap is rents.
- Overall RPP 114.2 (Miami-Fort Lauderdale-West Palm Beach) vs 98.3 (Prescott Valley-Prescott)
- $100k in Miami-Fort Lauderdale-West Palm Beach ≈ $86,072 purchasing power in Prescott Valley-Prescott
- Rents drives the gap (-56.8 RPP points)
RPP parity plate
Pair FL:AZ 114.2→98.3
TIER-GAP · CROSS-STATE · RENT-LED · BENCH-CROSS · PP-SHIFT
- TIER-GAP Clear tier gap
- CROSS-STATE FL × AZ
- RENT-LED Rent-led gap
- BENCH-CROSS Benchmark cross
- 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.
Salary Equivalents
What a salary in Miami-Fort Lauderdale-West Palm Beach would need to be in Prescott Valley-Prescott for the same purchasing power:
| In Miami-Fort Lauderdale-West Palm Beach | In Prescott Valley-Prescott | Difference |
|---|---|---|
| $50,000 | $43,036 | $-6,964 |
| $75,000 | $64,554 | $-10,446 |
| $100,000 | $86,072 | $-13,928 |
| $150,000 | $129,107 | $-20,893 |
$ in Miami-Fort Lauderdale-West Palm Beach = in Prescott Valley-Prescott
Same BEA Regional Price Parity ratio as the table above (114.2 → 98.3), computed live from your number, nothing is sent anywhere.
What This Comparison Actually Tells You
Miami-Fort Lauderdale-West Palm Beach, FL and Prescott Valley-Prescott, AZ sit in clearly different price tiers, separated by 15.9 RPP points. At this distance, treating the same nominal salary as equivalent would materially change purchasing power.
This route crosses the national benchmark: Miami-Fort Lauderdale-West Palm Beach is above 100 while Prescott Valley-Prescott is below it. That makes the move a change of price regime, not merely a rank swap.
Rents leads the difference, with Prescott Valley-Prescott 56.8 points lower than Miami-Fort Lauderdale-West Palm Beach. Goods, services, and rents all point in the same broad direction, making the headline comparison more transferable across household types.
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 Miami-Fort Lauderdale-West Palm Beach corresponds to $86,072 in Prescott Valley-Prescott.
Category Breakdown
Goods
Diff -7.3 RPP
Services
Diff -5.8 RPP
Rents
Diff -56.8 RPP
| Category | Miami-Fort Lauderdale-West Palm Beach | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Overall | 114.2 | 98.3 | -15.9 |
| Goods | 103.6 | 96.2 | -7.3 |
| Services | 97.2 | 91.5 | -5.8 |
| Rents | 155.6 | 98.8 | -56.8 |
Visual Comparison
Overall
Miami-Fort Lauderdale-West Palm Beach 114.2
Prescott Valley-Prescott 98.3
Goods
Miami-Fort Lauderdale-West Palm Beach 103.6
Prescott Valley-Prescott 96.2
Services
Miami-Fort Lauderdale-West Palm Beach 97.2
Prescott Valley-Prescott 91.5
Rents
Miami-Fort Lauderdale-West Palm Beach 155.6
Prescott Valley-Prescott 98.8
Vertical line = national average (100)
Miami-Fort Lauderdale-West Palm Beach
114.2
Cost Index
Prescott Valley-Prescott
98.3
Cost Index
How the Price Gap Changed
Miami-Fort Lauderdale-West Palm Beach and Prescott Valley-Prescott share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 3.5 to 15.9 RPP points. Miami-Fort Lauderdale-West Palm Beach remained the higher-index metro in the latest release.
Rents changed the most within this pair: its gap moved 19.9 points between the first and latest shared releases (36.9 to 56.8 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Miami-Fort Lauderdale-West Palm Beach RPP | Prescott Valley-Prescott RPP | Relative Gap |
|---|---|---|---|
| 2008 | 106.5 | 103.0 | 3.5 points Miami-Fort Lauderdale-West Palm Beach higher |
| 2012 | 107.5 | 96.5 | 10.9 points Miami-Fort Lauderdale-West Palm Beach higher |
| 2016 | 107.9 | 98.6 | 9.3 points Miami-Fort Lauderdale-West Palm Beach higher |
| 2020 | 109.5 | 93.2 | 16.3 points Miami-Fort Lauderdale-West Palm Beach higher |
| 2024 | 114.2 | 98.3 | 15.9 points Miami-Fort Lauderdale-West Palm Beach 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 Miami-Fort Lauderdale-West Palm Beach?
Prescott Valley-Prescott is 13.9% less expensive than Miami-Fort Lauderdale-West Palm Beach. The overall cost index is 98.3 vs 114.2 (national average = 100).
What salary in Prescott Valley-Prescott equals $100K in Miami-Fort Lauderdale-West Palm Beach?
A $100,000 salary in Miami-Fort Lauderdale-West Palm Beach has the same purchasing power as $86,072 in Prescott Valley-Prescott. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Miami-Fort Lauderdale-West Palm Beach and Prescott Valley-Prescott?
Rents in Miami-Fort Lauderdale-West Palm Beach are indexed at 155.6 while Prescott Valley-Prescott is at 98.8 (national average = 100). Miami-Fort Lauderdale-West Palm Beach 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.