Prescott Valley-Prescott vs Syracuse

Cost of living comparison based on BEA Regional Price Parities. Syracuse is 2.6% less expensive than Prescott Valley-Prescott.

2.6% less expensive

Syracuse, NY is 2.6% less expensive than Prescott Valley-Prescott, AZ on BEA Regional Price Parities (overall RPP 95.7 vs 98.3). A $100,000 salary in Prescott Valley-Prescott buys about the same as $97,442 in Syracuse; the largest component gap is services.

  • Overall RPP 98.3 (Prescott Valley-Prescott) vs 95.7 (Syracuse)
  • $100k in Prescott Valley-Prescott ≈ $97,442 purchasing power in Syracuse
  • Services drives the gap (+41.9 RPP points)

RPP parity plate

Pair AZ:NY 98.3→95.7

TIER-NEAR · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-SHIFT

  • TIER-NEAR Near tier
  • CROSS-STATE AZ × NY
  • 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

Visual Comparison

Overall
Prescott Valley-Prescott
98.3
Syracuse
95.7
Goods
Prescott Valley-Prescott
96.2
Syracuse
99.7
Services
Prescott Valley-Prescott
91.5
Syracuse
133.4
Rents
Prescott Valley-Prescott
98.8
Syracuse
80.7

Vertical line = national average (100)

What This Comparison Actually Tells You

Services creates the largest separation: Syracuse is 41.9 points higher. But services and goods move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Syracuse, NY is 2.6% 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 $97,442 in Syracuse, but it is not a personal spending weight.

Prescott Valley-Prescott
98.3
Cost Index
Syracuse
95.7
Cost Index

Salary Equivalents

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

In Prescott Valley-Prescott In Syracuse Difference
$50,000 $48,721 $-1,279
$75,000 $73,082 $-1,918
$100,000 $97,442 $-2,558
$150,000 $146,164 $-3,836
$ in Prescott Valley-Prescott = in Syracuse

Same BEA Regional Price Parity ratio as the table above (98.3 → 95.7), computed live from your number, nothing is sent anywhere.

How the Price Gap Changed

Prescott Valley-Prescott and Syracuse share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 4.5 to 2.5 RPP points. Prescott Valley-Prescott remained the higher-index metro in the latest release.

Services changed the most within this pair: its gap moved 11.2 points between the first and latest shared releases (53.1 to 41.9 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Prescott Valley-Prescott RPP Syracuse RPP Relative Gap
2008 103.0 98.5 4.5 points Prescott Valley-Prescott higher
2012 96.5 95.7 0.8 points Prescott Valley-Prescott higher
2016 98.6 99.0 0.4 points Syracuse higher
2020 93.2 95.9 2.7 points Syracuse higher
2024 98.3 95.7 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 Syracuse more expensive than Prescott Valley-Prescott?

Syracuse is 2.6% less expensive than Prescott Valley-Prescott. The overall cost index is 95.7 vs 98.3 (national average = 100).

What salary in Syracuse equals $100K in Prescott Valley-Prescott?

A $100,000 salary in Prescott Valley-Prescott has the same purchasing power as $97,442 in Syracuse. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Prescott Valley-Prescott and Syracuse?

Rents in Prescott Valley-Prescott are indexed at 98.8 while Syracuse is at 80.7 (national average = 100). Prescott Valley-Prescott 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.