Overall
- Morgantown
- 93.3
Diff -4.9 RPP
Prescott Valley-Prescott vs Morgantown
Cost of living comparison based on BEA Regional Price Parities. Morgantown is 5% less expensive than Prescott Valley-Prescott.
5% less expensive
Morgantown, WV is 5% less expensive than Prescott Valley-Prescott, AZ on BEA Regional Price Parities (overall RPP 93.3 vs 98.3). A $100,000 salary in Prescott Valley-Prescott buys about the same as $94,980 in Morgantown; the largest component gap is rents.
- Overall RPP 98.3 (Prescott Valley-Prescott) vs 93.3 (Morgantown)
- $100k in Prescott Valley-Prescott ≈ $94,980 purchasing power in Morgantown
- Rents drives the gap (-29.7 RPP points)
RPP parity plate
Pair AZ:WV 98.3→93.3
TIER-NEAR · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-SHIFT
- TIER-NEAR Near tier
- CROSS-STATE AZ × WV
- 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
- Morgantown
- 96.3
Diff +0.0 RPP
Services
- Morgantown
- 92.5
Diff +1.1 RPP
Rents
- Morgantown
- 69.1
Diff -29.7 RPP
| Category | Prescott Valley-Prescott | Morgantown | Difference |
|---|---|---|---|
| Overall | 98.3 | 93.3 | -4.9 |
| Goods | 96.2 | 96.3 | +0.0 |
| Services | 91.5 | 92.5 | +1.1 |
| Rents | 98.8 | 69.1 | -29.7 |
Visual Comparison
Overall
Prescott Valley-Prescott 98.3
Morgantown 93.3
Goods
Prescott Valley-Prescott 96.2
Morgantown 96.3
Services
Prescott Valley-Prescott 91.5
Morgantown 92.5
Rents
Prescott Valley-Prescott 98.8
Morgantown 69.1
Vertical line = national average (100)
What This Comparison Actually Tells You
Rents creates the largest separation: Morgantown is 29.7 points lower. But services and goods move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Morgantown, WV is 5% less expensive than Prescott Valley-Prescott, AZ, a meaningful but not extreme shift. The move decision turns on which budget category creates the 4.9-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 $94,980 in Morgantown.
Prescott Valley-Prescott
98.3
Cost Index
Morgantown
93.3
Cost Index
Salary Equivalents
What a salary in Prescott Valley-Prescott would need to be in Morgantown for the same purchasing power:
| In Prescott Valley-Prescott | In Morgantown | Difference |
|---|---|---|
| $50,000 | $47,490 | $-2,510 |
| $75,000 | $71,235 | $-3,765 |
| $100,000 | $94,980 | $-5,020 |
| $150,000 | $142,471 | $-7,529 |
$ in Prescott Valley-Prescott = in Morgantown
Same BEA Regional Price Parity ratio as the table above (98.3 → 93.3), computed live from your number, nothing is sent anywhere.
How the Price Gap Changed
Prescott Valley-Prescott and Morgantown share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 13.6 to 4.9 RPP points. Prescott Valley-Prescott remained the higher-index metro in the latest release.
Services changed the most within this pair: its gap moved 16.9 points between the first and latest shared releases (15.8 to 1.1 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Prescott Valley-Prescott RPP | Morgantown RPP | Relative Gap |
|---|---|---|---|
| 2008 | 103.0 | 89.4 | 13.6 points Prescott Valley-Prescott higher |
| 2012 | 96.5 | 91.8 | 4.7 points Prescott Valley-Prescott higher |
| 2016 | 98.6 | 94.4 | 4.2 points Prescott Valley-Prescott higher |
| 2020 | 93.2 | 91.9 | 1.3 points Prescott Valley-Prescott higher |
| 2024 | 98.3 | 93.3 | 4.9 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.
Frequently Asked Questions
Is Morgantown more expensive than Prescott Valley-Prescott?
Morgantown is 5% less expensive than Prescott Valley-Prescott. The overall cost index is 93.3 vs 98.3 (national average = 100).
What salary in Morgantown equals $100K in Prescott Valley-Prescott?
A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $94,980 in Morgantown. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Prescott Valley-Prescott and Morgantown?
Rents in Prescott Valley-Prescott are indexed at 98.8 while Morgantown is at 69.1 (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.