Prescott Valley-Prescott vs Cleveland

Cost of living comparison based on BEA Regional Price Parities. Cleveland is 4.4% less expensive than Prescott Valley-Prescott.

4.4% less expensive

Cleveland, OH is 4.4% less expensive than Prescott Valley-Prescott, AZ on BEA Regional Price Parities (overall RPP 93.9 vs 98.3). A $100,000 salary in Prescott Valley-Prescott buys about the same as $95,591 in Cleveland; the largest component gap is rents.

  • Overall RPP 98.3 (Prescott Valley-Prescott) vs 93.9 (Cleveland)
  • $100k in Prescott Valley-Prescott ≈ $95,591 purchasing power in Cleveland
  • Rents drives the gap (-19.3 RPP points)

RPP parity plate

Pair AZ:OH 98.3→93.9

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

  • TIER-NEAR Near tier
  • CROSS-STATE AZ × OH
  • 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
Prescott Valley-Prescott
98.3
Cleveland
93.9
Goods
Prescott Valley-Prescott
96.2
Cleveland
93.6
Services
Prescott Valley-Prescott
91.5
Cleveland
96.0
Rents
Prescott Valley-Prescott
98.8
Cleveland
79.4

Vertical line = national average (100)

What This Comparison Actually Tells You

Rents creates the largest separation: Cleveland is 19.3 points lower. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Cleveland, OH is 4.4% less expensive than Prescott Valley-Prescott, AZ, a meaningful but not extreme shift. The move decision turns on which budget category creates the 4.3-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 Prescott Valley-Prescott corresponds to $95,591 in Cleveland.

Prescott Valley-Prescott
98.3
Cost Index
Cleveland
93.9
Cost Index

Salary Equivalents

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

In Prescott Valley-Prescott In Cleveland Difference
$50,000 $47,796 $-2,204
$75,000 $71,693 $-3,307
$100,000 $95,591 $-4,409
$150,000 $143,387 $-6,613
$ in Prescott Valley-Prescott = in Cleveland

Same BEA Regional Price Parity ratio as the table above (98.3 → 93.9), computed live from your number, nothing is sent anywhere.

Frequently Asked Questions

Is Cleveland more expensive than Prescott Valley-Prescott?

Cleveland is 4.4% less expensive than Prescott Valley-Prescott. The overall cost index is 93.9 vs 98.3 (national average = 100).

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

A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $95,591 in Cleveland. This is based on the BEA Regional Price Parity indexes.

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

Rents in Prescott Valley-Prescott are indexed at 98.8 while Cleveland is at 79.4 (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.