Springfield vs Prescott Valley-Prescott

Cost of living comparison based on BEA Regional Price Parities. Prescott Valley-Prescott is 2.3% more expensive than Springfield.

2.3% more expensive

Prescott Valley-Prescott, AZ is 2.3% more expensive than Springfield, MA on BEA Regional Price Parities (overall RPP 98.3 vs 96.1). A $100,000 salary in Springfield buys about the same as $102,284 in Prescott Valley-Prescott; the largest component gap is services.

  • Overall RPP 96.1 (Springfield) vs 98.3 (Prescott Valley-Prescott)
  • $100k in Springfield ≈ $102,284 purchasing power in Prescott Valley-Prescott
  • Services drives the gap (-63.5 RPP points)

RPP parity plate

Pair MA:AZ 96.1→98.3

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

  • TIER-NEAR Near tier
  • CROSS-STATE MA × AZ
  • 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.

Category Breakdown

Visual Comparison

Overall
Springfield
96.1
Prescott Valley-Prescott
98.3
Goods
Springfield
97.0
Prescott Valley-Prescott
96.2
Services
Springfield
155.0
Prescott Valley-Prescott
91.5
Rents
Springfield
75.8
Prescott Valley-Prescott
98.8

Vertical line = national average (100)

What This Comparison Actually Tells You

Services creates the largest separation: Prescott Valley-Prescott is 63.5 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.

Prescott Valley-Prescott, AZ is 2.3% more expensive than Springfield, MA, a meaningful but not extreme shift. The move decision turns on which budget category creates the 2.2-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 Springfield to $102,284 in Prescott Valley-Prescott, but it is not a personal spending weight.

Springfield
96.1
Cost Index
Prescott Valley-Prescott
98.3
Cost Index

Salary Equivalents

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

In Springfield In Prescott Valley-Prescott Difference
$50,000 $51,142 +$1,142
$75,000 $76,713 +$1,713
$100,000 $102,284 +$2,284
$150,000 $153,426 +$3,426
$ in Springfield = in Prescott Valley-Prescott

Same BEA Regional Price Parity ratio as the table above (96.1 → 98.3), computed live from your number, nothing is sent anywhere.

How the Price Gap Changed

Springfield and Prescott Valley-Prescott share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 3.5 to 2.2 RPP points. Prescott Valley-Prescott remained the higher-index metro in the latest release.

Services changed the most within this pair: its gap moved 10.6 points between the first and latest shared releases (52.9 to 63.5 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Springfield RPP Prescott Valley-Prescott RPP Relative Gap
2008 99.5 103.0 3.5 points Prescott Valley-Prescott higher
2012 97.8 96.5 1.2 points Springfield higher
2016 99.4 98.6 0.8 points Springfield higher
2020 99.1 93.2 5.9 points Springfield higher
2024 96.1 98.3 2.2 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 Prescott Valley-Prescott more expensive than Springfield?

Prescott Valley-Prescott is 2.3% more expensive than Springfield. The overall cost index is 98.3 vs 96.1 (national average = 100).

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

A $100,000 salary in Springfield has the same purchasing power as $102,284 in Prescott Valley-Prescott. This is based on the BEA Regional Price Parity indexes.

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

Rents in Springfield are indexed at 75.8 while Prescott Valley-Prescott is at 98.8 (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.