Overall
- Great Falls
- 96.8
Diff -1.4 RPP
Prescott Valley-Prescott vs Great Falls
Cost of living comparison based on BEA Regional Price Parities. Great Falls is 1.4% less expensive than Prescott Valley-Prescott.
1.4% less expensive
Great Falls, MT is 1.4% less expensive than Prescott Valley-Prescott, AZ on BEA Regional Price Parities (overall RPP 96.8 vs 98.3). A $100,000 salary in Prescott Valley-Prescott buys about the same as $98,565 in Great Falls; the largest component gap is services.
- Overall RPP 98.3 (Prescott Valley-Prescott) vs 96.8 (Great Falls)
- $100k in Prescott Valley-Prescott ≈ $98,565 purchasing power in Great Falls
- Services drives the gap (-18.4 RPP points)
RPP parity plate
Pair AZ:MT 98.3→96.8
PHOTO-FINISH · CROSS-STATE · SERVICES-LED · BOTH-BELOW · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE AZ × MT
- SERVICES-LED Services-led gap
- 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.
Prescott Valley-Prescott
98.3
Cost Index
Great Falls
96.8
Cost Index
What This Comparison Actually Tells You
Prescott Valley-Prescott, AZ and Great Falls, MT are a photo finish on overall price level, only 1.4 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.
Services leads the difference, with Great Falls 18.4 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.
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 service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Prescott Valley-Prescott to $98,565 in Great Falls, but it is not a personal spending weight.
Category Breakdown
Goods
- Great Falls
- 96.0
Diff -0.2 RPP
Services
- Great Falls
- 73.0
Diff -18.4 RPP
Rents
- Great Falls
- 97.1
Diff -1.7 RPP
| Category | Prescott Valley-Prescott | Great Falls | Difference |
|---|---|---|---|
| Overall | 98.3 | 96.8 | -1.4 |
| Goods | 96.2 | 96.0 | -0.2 |
| Services | 91.5 | 73.0 | -18.4 |
| Rents | 98.8 | 97.1 | -1.7 |
Visual Comparison
Overall
Prescott Valley-Prescott 98.3
Great Falls 96.8
Goods
Prescott Valley-Prescott 96.2
Great Falls 96.0
Services
Prescott Valley-Prescott 91.5
Great Falls 73.0
Rents
Prescott Valley-Prescott 98.8
Great Falls 97.1
Vertical line = national average (100)
How the Price Gap Changed
Prescott Valley-Prescott and Great Falls share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 17.7 to 1.4 RPP points. Prescott Valley-Prescott remained the higher-index metro in the latest release.
Rents changed the most within this pair: its gap moved 69.5 points between the first and latest shared releases (71.2 to 1.7 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Prescott Valley-Prescott RPP | Great Falls RPP | Relative Gap |
|---|---|---|---|
| 2008 | 103.0 | 85.3 | 17.7 points Prescott Valley-Prescott higher |
| 2012 | 96.5 | 92.3 | 4.3 points Prescott Valley-Prescott higher |
| 2016 | 98.6 | 88.0 | 10.6 points Prescott Valley-Prescott higher |
| 2020 | 93.2 | 87.0 | 6.2 points Prescott Valley-Prescott higher |
| 2024 | 98.3 | 96.8 | 1.4 points Prescott Valley-Prescott 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 Prescott Valley-Prescott would need to be in Great Falls for the same purchasing power:
| In Prescott Valley-Prescott | In Great Falls | Difference |
|---|---|---|
| $50,000 | $49,282 | $-718 |
| $75,000 | $73,924 | $-1,076 |
| $100,000 | $98,565 | $-1,435 |
| $150,000 | $147,847 | $-2,153 |
$ in Prescott Valley-Prescott = in Great Falls
Same BEA Regional Price Parity ratio as the table above (98.3 → 96.8), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Great Falls more expensive than Prescott Valley-Prescott?
Great Falls is 1.4% less expensive than Prescott Valley-Prescott. The overall cost index is 96.8 vs 98.3 (national average = 100).
What salary in Great Falls equals $100K in Prescott Valley-Prescott?
A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $98,565 in Great Falls. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Prescott Valley-Prescott and Great Falls?
Rents in Prescott Valley-Prescott are indexed at 98.8 while Great Falls is at 97.1 (national average = 100). Prescott Valley-Prescott 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.