Overall
- Midland
- 95.8
Diff -2.5 RPP
Prescott Valley-Prescott vs Midland
Cost of living comparison based on BEA Regional Price Parities. Midland is 2.5% less expensive than Prescott Valley-Prescott.
2.5% less expensive
Midland, TX is 2.5% less expensive than Prescott Valley-Prescott, AZ on BEA Regional Price Parities (overall RPP 95.8 vs 98.3). A $100,000 salary in Prescott Valley-Prescott buys about the same as $97,484 in Midland; the largest component gap is services.
- Overall RPP 98.3 (Prescott Valley-Prescott) vs 95.8 (Midland)
- $100k in Prescott Valley-Prescott ≈ $97,484 purchasing power in Midland
- Services drives the gap (-8.2 RPP points)
RPP parity plate
Pair AZ:TX 98.3→95.8
TIER-NEAR · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-SHIFT
- TIER-NEAR Near tier
- CROSS-STATE AZ × TX
- 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
Goods
- Midland
- 93.8
Diff -2.5 RPP
Services
- Midland
- 83.2
Diff -8.2 RPP
Rents
- Midland
- 101.5
Diff +2.7 RPP
| Category | Prescott Valley-Prescott | Midland | Difference |
|---|---|---|---|
| Overall | 98.3 | 95.8 | -2.5 |
| Goods | 96.2 | 93.8 | -2.5 |
| Services | 91.5 | 83.2 | -8.2 |
| Rents | 98.8 | 101.5 | +2.7 |
Visual Comparison
Overall
Prescott Valley-Prescott 98.3
Midland 95.8
Goods
Prescott Valley-Prescott 96.2
Midland 93.8
Services
Prescott Valley-Prescott 91.5
Midland 83.2
Rents
Prescott Valley-Prescott 98.8
Midland 101.5
Vertical line = national average (100)
What This Comparison Actually Tells You
Services creates the largest separation: Midland is 8.2 points lower. But rents move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Midland, TX is 2.5% less expensive than Prescott Valley-Prescott, AZ, a meaningful but not extreme shift. The move decision turns on which budget category creates the 2.5-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 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 $97,484 in Midland, but it is not a personal spending weight.
Prescott Valley-Prescott
98.3
Cost Index
Midland
95.8
Cost Index
Salary Equivalents
What a salary in Prescott Valley-Prescott would need to be in Midland for the same purchasing power:
| In Prescott Valley-Prescott | In Midland | Difference |
|---|---|---|
| $50,000 | $48,742 | $-1,258 |
| $75,000 | $73,113 | $-1,887 |
| $100,000 | $97,484 | $-2,516 |
| $150,000 | $146,226 | $-3,774 |
$ in Prescott Valley-Prescott = in Midland
Same BEA Regional Price Parity ratio as the table above (98.3 → 95.8), computed live from your number, nothing is sent anywhere.
How the Price Gap Changed
Prescott Valley-Prescott and Midland share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 6.5 to 2.5 RPP points. Prescott Valley-Prescott remained the higher-index metro in the latest release.
Rents changed the most within this pair: its gap moved 24.2 points between the first and latest shared releases (21.5 to 2.7 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Prescott Valley-Prescott RPP | Midland RPP | Relative Gap |
|---|---|---|---|
| 2008 | 103.0 | 96.5 | 6.5 points Prescott Valley-Prescott higher |
| 2012 | 96.5 | 100.3 | 3.8 points Midland higher |
| 2016 | 98.6 | 102.6 | 4.0 points Midland higher |
| 2020 | 93.2 | 95.8 | 2.6 points Midland higher |
| 2024 | 98.3 | 95.8 | 2.5 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 Midland more expensive than Prescott Valley-Prescott?
Midland is 2.5% less expensive than Prescott Valley-Prescott. The overall cost index is 95.8 vs 98.3 (national average = 100).
What salary in Midland equals $100K in Prescott Valley-Prescott?
A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $97,484 in Midland. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Prescott Valley-Prescott and Midland?
Rents in Prescott Valley-Prescott are indexed at 98.8 while Midland is at 101.5 (national average = 100). Midland 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.