Prescott Valley-Prescott vs Raleigh-Cary

Cost of living comparison based on BEA Regional Price Parities. Raleigh-Cary is 0.1% less expensive than Prescott Valley-Prescott.

0.1% less expensive

Raleigh-Cary, NC is 0.1% less expensive than Prescott Valley-Prescott, AZ on BEA Regional Price Parities (overall RPP 98.2 vs 98.3). A $100,000 salary in Prescott Valley-Prescott buys about the same as $99,900 in Raleigh-Cary; the largest component gap is rents.

  • Overall RPP 98.3 (Prescott Valley-Prescott) vs 98.2 (Raleigh-Cary)
  • $100k in Prescott Valley-Prescott ≈ $99,900 purchasing power in Raleigh-Cary
  • Rents drives the gap (+4.7 RPP points)

RPP parity plate

Pair AZ:NC 98.3→98.2

PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR

  • PHOTO-FINISH Photo finish
  • CROSS-STATE AZ × NC
  • SPLIT-BUDGET Split budget
  • BOTH-BELOW Both below 100
  • PP-PAR PP near-par

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.

Prescott Valley-Prescott
98.3
Cost Index
Raleigh-Cary
98.2
Cost Index

What This Comparison Actually Tells You

Prescott Valley-Prescott, AZ and Raleigh-Cary, NC are a photo finish on overall price level, only 0.1 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.

Rents creates the largest separation: Raleigh-Cary is 4.7 points higher. But rents and goods move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

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.

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 $99,900 in Raleigh-Cary.

Category Breakdown

Visual Comparison

Overall
Prescott Valley-Prescott
98.3
Raleigh-Cary
98.2
Goods
Prescott Valley-Prescott
96.2
Raleigh-Cary
96.6
Services
Prescott Valley-Prescott
91.5
Raleigh-Cary
89.0
Rents
Prescott Valley-Prescott
98.8
Raleigh-Cary
103.5

Vertical line = national average (100)

Salary Equivalents

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

In Prescott Valley-Prescott In Raleigh-Cary Difference
$50,000 $49,950 $-50
$75,000 $74,925 $-75
$100,000 $99,900 $-100
$150,000 $149,850 $-150
$ in Prescott Valley-Prescott = in Raleigh-Cary

Same BEA Regional Price Parity ratio as the table above (98.3 → 98.2), computed live from your number, nothing is sent anywhere.

Frequently Asked Questions

Is Raleigh-Cary more expensive than Prescott Valley-Prescott?

Raleigh-Cary is 0.1% less expensive than Prescott Valley-Prescott. The overall cost index is 98.2 vs 98.3 (national average = 100).

What salary in Raleigh-Cary equals $100K in Prescott Valley-Prescott?

A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $99,900 in Raleigh-Cary. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Prescott Valley-Prescott and Raleigh-Cary?

Rents in Prescott Valley-Prescott are indexed at 98.8 while Raleigh-Cary is at 103.5 (national average = 100). Raleigh-Cary 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.