Prescott Valley-Prescott vs Grand Junction

Cost of living comparison based on BEA Regional Price Parities. Grand Junction is 2.8% less expensive than Prescott Valley-Prescott.

2.8% less expensive

Grand Junction, CO is 2.8% less expensive than Prescott Valley-Prescott, AZ on BEA Regional Price Parities (overall RPP 95.5 vs 98.3). A $100,000 salary in Prescott Valley-Prescott buys about the same as $97,172 in Grand Junction; the largest component gap is rents.

  • Overall RPP 98.3 (Prescott Valley-Prescott) vs 95.5 (Grand Junction)
  • $100k in Prescott Valley-Prescott ≈ $97,172 purchasing power in Grand Junction
  • Rents drives the gap (-12.4 RPP points)

RPP parity plate

Pair AZ:CO 98.3→95.5

TIER-NEAR · CROSS-STATE · RENT-LED · BOTH-BELOW · PP-SHIFT

  • TIER-NEAR Near tier
  • CROSS-STATE AZ × CO
  • RENT-LED Rent-led gap
  • 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.

Salary Equivalents

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

In Prescott Valley-Prescott In Grand Junction Difference
$50,000 $48,586 $-1,414
$75,000 $72,879 $-2,121
$100,000 $97,172 $-2,828
$150,000 $145,757 $-4,243
$ in Prescott Valley-Prescott = in Grand Junction

Same BEA Regional Price Parity ratio as the table above (98.3 → 95.5), computed live from your number, nothing is sent anywhere.

What This Comparison Actually Tells You

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.

Grand Junction, CO is 2.8% less expensive than Prescott Valley-Prescott, AZ, a meaningful but not extreme shift. The move decision turns on which budget category creates the 2.8-point overall gap.

Rents leads the difference, with Grand Junction 12.4 points lower than Prescott Valley-Prescott. 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 Prescott Valley-Prescott corresponds to $97,172 in Grand Junction.

Category Breakdown

Visual Comparison

Overall
Prescott Valley-Prescott
98.3
Grand Junction
95.5
Goods
Prescott Valley-Prescott
96.2
Grand Junction
96.1
Services
Prescott Valley-Prescott
91.5
Grand Junction
83.3
Rents
Prescott Valley-Prescott
98.8
Grand Junction
86.4

Vertical line = national average (100)

Prescott Valley-Prescott
98.3
Cost Index
Grand Junction
95.5
Cost Index

Frequently Asked Questions

Is Grand Junction more expensive than Prescott Valley-Prescott?

Grand Junction is 2.8% less expensive than Prescott Valley-Prescott. The overall cost index is 95.5 vs 98.3 (national average = 100).

What salary in Grand Junction equals $100K in Prescott Valley-Prescott?

A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $97,172 in Grand Junction. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Prescott Valley-Prescott and Grand Junction?

Rents in Prescott Valley-Prescott are indexed at 98.8 while Grand Junction is at 86.4 (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.