Overall
- Sioux Falls
- 90.6
Diff -7.6 RPP
Prescott Valley-Prescott vs Sioux Falls
Cost of living comparison based on BEA Regional Price Parities. Sioux Falls is 7.8% less expensive than Prescott Valley-Prescott.
7.8% less expensive
Sioux Falls, SD-MN is 7.8% less expensive than Prescott Valley-Prescott, AZ on BEA Regional Price Parities (overall RPP 90.6 vs 98.3). A $100,000 salary in Prescott Valley-Prescott buys about the same as $92,241 in Sioux Falls; the largest component gap is rents.
- Overall RPP 98.3 (Prescott Valley-Prescott) vs 90.6 (Sioux Falls)
- $100k in Prescott Valley-Prescott ≈ $92,241 purchasing power in Sioux Falls
- Rents drives the gap (-21.2 RPP points)
RPP parity plate
Pair AZ:SD 98.3→90.6
TIER-NEAR · CROSS-STATE · RENT-LED · BOTH-BELOW · PP-SHIFT
- TIER-NEAR Near tier
- CROSS-STATE AZ × SD
- RENT-LED Rent-led gap
- 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.
Salary Equivalents
What a salary in Prescott Valley-Prescott would need to be in Sioux Falls for the same purchasing power:
| In Prescott Valley-Prescott | In Sioux Falls | Difference |
|---|---|---|
| $50,000 | $46,120 | $-3,880 |
| $75,000 | $69,180 | $-5,820 |
| $100,000 | $92,241 | $-7,759 |
| $150,000 | $138,361 | $-11,639 |
$ in Prescott Valley-Prescott = in Sioux Falls
Same BEA Regional Price Parity ratio as the table above (98.3 → 90.6), computed live from your number, nothing is sent anywhere.
What This Comparison Actually Tells You
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.
Sioux Falls, SD-MN is 7.8% less expensive than Prescott Valley-Prescott, AZ, a meaningful but not extreme shift. The move decision turns on which budget category creates the 7.6-point overall gap.
Rents leads the difference, with Sioux Falls 21.2 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 $92,241 in Sioux Falls.
Category Breakdown
Goods
- Sioux Falls
- 95.5
Diff -0.8 RPP
Services
- Sioux Falls
- 80.7
Diff -10.8 RPP
Rents
- Sioux Falls
- 77.6
Diff -21.2 RPP
| Category | Prescott Valley-Prescott | Sioux Falls | Difference |
|---|---|---|---|
| Overall | 98.3 | 90.6 | -7.6 |
| Goods | 96.2 | 95.5 | -0.8 |
| Services | 91.5 | 80.7 | -10.8 |
| Rents | 98.8 | 77.6 | -21.2 |
Visual Comparison
Overall
Prescott Valley-Prescott 98.3
Sioux Falls 90.6
Goods
Prescott Valley-Prescott 96.2
Sioux Falls 95.5
Services
Prescott Valley-Prescott 91.5
Sioux Falls 80.7
Rents
Prescott Valley-Prescott 98.8
Sioux Falls 77.6
Vertical line = national average (100)
Prescott Valley-Prescott
98.3
Cost Index
Sioux Falls
90.6
Cost Index
How the Price Gap Changed
Prescott Valley-Prescott and Sioux Falls share 17 published annual releases from 2008 through 2024. Their overall gap held broadly steady, moving from 8.6 to 7.6 RPP points. Prescott Valley-Prescott remained the higher-index metro in the latest release.
Rents changed the most within this pair: its gap moved 10.1 points between the first and latest shared releases (31.3 to 21.2 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Prescott Valley-Prescott RPP | Sioux Falls RPP | Relative Gap |
|---|---|---|---|
| 2008 | 103.0 | 94.4 | 8.6 points Prescott Valley-Prescott higher |
| 2012 | 96.5 | 94.1 | 2.4 points Prescott Valley-Prescott higher |
| 2016 | 98.6 | 93.5 | 5.2 points Prescott Valley-Prescott higher |
| 2020 | 93.2 | 93.8 | 0.6 points Sioux Falls higher |
| 2024 | 98.3 | 90.6 | 7.6 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 Sioux Falls more expensive than Prescott Valley-Prescott?
Sioux Falls is 7.8% less expensive than Prescott Valley-Prescott. The overall cost index is 90.6 vs 98.3 (national average = 100).
What salary in Sioux Falls equals $100K in Prescott Valley-Prescott?
A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $92,241 in Sioux Falls. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Prescott Valley-Prescott and Sioux Falls?
Rents in Prescott Valley-Prescott are indexed at 98.8 while Sioux Falls is at 77.6 (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.