Prescott Valley-Prescott vs Lexington-Fayette

Cost of living comparison based on BEA Regional Price Parities. Lexington-Fayette is 5.5% less expensive than Prescott Valley-Prescott.

5.5% less expensive

Lexington-Fayette, KY is 5.5% less expensive than Prescott Valley-Prescott, AZ on BEA Regional Price Parities (overall RPP 92.9 vs 98.3). A $100,000 salary in Prescott Valley-Prescott buys about the same as $94,539 in Lexington-Fayette; the largest component gap is rents.

  • Overall RPP 98.3 (Prescott Valley-Prescott) vs 92.9 (Lexington-Fayette)
  • $100k in Prescott Valley-Prescott ≈ $94,539 purchasing power in Lexington-Fayette
  • Rents drives the gap (-21.7 RPP points)

RPP parity plate

Pair AZ:KY 98.3→92.9

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

  • TIER-NEAR Near tier
  • CROSS-STATE AZ × KY
  • 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
Lexington-Fayette
92.9
Goods
Prescott Valley-Prescott
96.2
Lexington-Fayette
96.2
Services
Prescott Valley-Prescott
91.5
Lexington-Fayette
74.6
Rents
Prescott Valley-Prescott
98.8
Lexington-Fayette
77.1

Vertical line = national average (100)

What This Comparison Actually Tells You

Rents creates the largest separation: Lexington-Fayette is 21.7 points lower. But goods move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Lexington-Fayette, KY is 5.5% less expensive than Prescott Valley-Prescott, AZ, a meaningful but not extreme shift. The move decision turns on which budget category creates the 5.4-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 $94,539 in Lexington-Fayette.

Prescott Valley-Prescott
98.3
Cost Index
Lexington-Fayette
92.9
Cost Index

Salary Equivalents

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

In Prescott Valley-Prescott In Lexington-Fayette Difference
$50,000 $47,269 $-2,731
$75,000 $70,904 $-4,096
$100,000 $94,539 $-5,461
$150,000 $141,808 $-8,192
$ in Prescott Valley-Prescott = in Lexington-Fayette

Same BEA Regional Price Parity ratio as the table above (98.3 → 92.9), computed live from your number, nothing is sent anywhere.

How the Price Gap Changed

Prescott Valley-Prescott and Lexington-Fayette share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 8.0 to 5.4 RPP points. Prescott Valley-Prescott remained the higher-index metro in the latest release.

Services changed the most within this pair: its gap moved 7.3 points between the first and latest shared releases (9.6 to 16.9 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Prescott Valley-Prescott RPP Lexington-Fayette RPP Relative Gap
2008 103.0 95.0 8.0 points Prescott Valley-Prescott higher
2012 96.5 96.2 0.3 points Prescott Valley-Prescott higher
2016 98.6 95.2 3.5 points Prescott Valley-Prescott higher
2020 93.2 91.6 1.6 points Prescott Valley-Prescott higher
2024 98.3 92.9 5.4 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.

Frequently Asked Questions

Is Lexington-Fayette more expensive than Prescott Valley-Prescott?

Lexington-Fayette is 5.5% less expensive than Prescott Valley-Prescott. The overall cost index is 92.9 vs 98.3 (national average = 100).

What salary in Lexington-Fayette equals $100K in Prescott Valley-Prescott?

A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $94,539 in Lexington-Fayette. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Prescott Valley-Prescott and Lexington-Fayette?

Rents in Prescott Valley-Prescott are indexed at 98.8 while Lexington-Fayette is at 77.1 (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.