Overall
- Lubbock
- 91.3
Diff -6.9 RPP
Cost of living comparison based on BEA Regional Price Parities. Lubbock is 7.1% less expensive than Prescott Valley-Prescott.
Lubbock, TX is 7.1% less expensive than Prescott Valley-Prescott, AZ on BEA Regional Price Parities (overall RPP 91.3 vs 98.3). A $100,000 salary in Prescott Valley-Prescott buys about the same as $92,939 in Lubbock; the largest component gap is rents.
RPP parity plate
Pair AZ:TX 98.3→91.3
TIER-NEAR · CROSS-STATE · RENT-LED · BOTH-BELOW · 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.
What a salary in Prescott Valley-Prescott would need to be in Lubbock for the same purchasing power:
| In Prescott Valley-Prescott | In Lubbock | Difference |
|---|---|---|
| $50,000 | $46,469 | $-3,531 |
| $75,000 | $69,704 | $-5,296 |
| $100,000 | $92,939 | $-7,061 |
| $150,000 | $139,408 | $-10,592 |
Same BEA Regional Price Parity ratio as the table above (98.3 → 91.3), computed live from your number, nothing is sent anywhere.
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.
Lubbock, TX is 7.1% less expensive than Prescott Valley-Prescott, AZ, a meaningful but not extreme shift. The move decision turns on which budget category creates the 6.9-point overall gap.
Rents leads the difference, with Lubbock 22.4 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 $92,939 in Lubbock.
Diff -6.9 RPP
Diff -2.5 RPP
Diff -8.7 RPP
Diff -22.4 RPP
| Category | Prescott Valley-Prescott | Lubbock | Difference |
|---|---|---|---|
| Overall | 98.3 | 91.3 | -6.9 |
| Goods | 96.2 | 93.8 | -2.5 |
| Services | 91.5 | 82.8 | -8.7 |
| Rents | 98.8 | 76.4 | -22.4 |
Vertical line = national average (100)
Prescott Valley-Prescott and Lubbock share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 8.4 to 6.9 RPP points. Prescott Valley-Prescott remained the higher-index metro in the latest release.
Services changed the most within this pair: its gap moved 19.9 points between the first and latest shared releases (11.2 to 8.7 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Prescott Valley-Prescott RPP | Lubbock RPP | Relative Gap |
|---|---|---|---|
| 2008 | 103.0 | 94.6 | 8.4 points Prescott Valley-Prescott higher |
| 2012 | 96.5 | 94.9 | 1.7 points Prescott Valley-Prescott higher |
| 2016 | 98.6 | 95.7 | 2.9 points Prescott Valley-Prescott higher |
| 2020 | 93.2 | 94.0 | 0.8 points Lubbock higher |
| 2024 | 98.3 | 91.3 | 6.9 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.
Lubbock is 7.1% less expensive than Prescott Valley-Prescott. The overall cost index is 91.3 vs 98.3 (national average = 100).
A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $92,939 in Lubbock. This is based on the BEA Regional Price Parity indexes.
Rents in Prescott Valley-Prescott are indexed at 98.8 while Lubbock is at 76.4 (national average = 100). Prescott Valley-Prescott has higher rents.
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.