Prescott Valley-Prescott vs Los Angeles-Long Beach-Anaheim

Cost of living comparison based on BEA Regional Price Parities. Los Angeles-Long Beach-Anaheim is 15.6% more expensive than Prescott Valley-Prescott.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes Prescott Valley-Prescott, AZ at an overall Regional Price Parity of 98.3 and Los Angeles-Long Beach-Anaheim, CA at 113.6, using the U.S. national average of 100 as the reference point. That puts Los Angeles-Long Beach-Anaheim 15.6% more expensive than Prescott Valley-Prescott on a blended basket of goods, services, and rents. The raw index gap of 15.3 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.

Inside the breakdown, Prescott Valley-Prescott indexes goods at 96.2, services at 91.5, and rents at 98.8, while Los Angeles-Long Beach-Anaheim comes in at 106.6, 158.6, and 170.4 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall - Los Angeles-Long Beach-Anaheim carries the heavier rent load here, and that tends to dominate household budget experience on the ground.

In salary terms, a $100,000 income in Prescott Valley-Prescott has the same purchasing power as $115,583 in Los Angeles-Long Beach-Anaheim based on these indexes. The two metros serve populations of roughly 241,656 (Prescott Valley-Prescott) and 13,012,469 (Los Angeles-Long Beach-Anaheim), and median household incomes are $66,106 versus $93,525 respectively - so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.

Prescott Valley-Prescott
98.3
Cost Index
Los Angeles-Long Beach-Anaheim
113.6
Cost Index

Category Breakdown

Category Prescott Valley-Prescott Los Angeles-Long Beach-Anaheim Difference
Overall 98.3 113.6 +15.3
Goods 96.2 106.6 +10.4
Services 91.5 158.6 +67.1
Rents 98.8 170.4 +71.7

Visual Comparison

Overall
Prescott Valley-Prescott
98.3
Los Angeles-Long Beach-Anaheim
113.6
Goods
Prescott Valley-Prescott
96.2
Los Angeles-Long Beach-Anaheim
106.6
Services
Prescott Valley-Prescott
91.5
Los Angeles-Long Beach-Anaheim
158.6
Rents
Prescott Valley-Prescott
98.8
Los Angeles-Long Beach-Anaheim
170.4

Vertical line = national average (100)

Salary Equivalents

What a salary in Prescott Valley-Prescott would need to be in Los Angeles-Long Beach-Anaheim for the same purchasing power:

In Prescott Valley-Prescott In Los Angeles-Long Beach-Anaheim Difference
$50,000 $57,791 +$7,791
$75,000 $86,687 +$11,687
$100,000 $115,583 +$15,583
$150,000 $173,374 +$23,374

Use the salary calculator for custom amounts.

Metro Context

Metric Prescott Valley-Prescott Los Angeles-Long Beach-Anaheim
Population 241,656 13,012,469
Median Income $66,106 $93,525
Data Year 2024 2024

Frequently Asked Questions

Is Los Angeles-Long Beach-Anaheim more expensive than Prescott Valley-Prescott?
Los Angeles-Long Beach-Anaheim is 15.6% more expensive than Prescott Valley-Prescott. The overall cost index is 113.6 vs 98.3 (national average = 100).
What salary in Los Angeles-Long Beach-Anaheim equals $100K in Prescott Valley-Prescott?
A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $115,583 in Los Angeles-Long Beach-Anaheim. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Prescott Valley-Prescott and Los Angeles-Long Beach-Anaheim?
Rents in Prescott Valley-Prescott are indexed at 98.8 while Los Angeles-Long Beach-Anaheim is at 170.4 (national average = 100). Los Angeles-Long Beach-Anaheim has higher rents.

Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. This page draws directly on BEA Regional Price Parity source data, no figure 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 2026-05-15. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.