Waterloo-Cedar Falls vs Prescott Valley-Prescott

Cost of living comparison based on BEA Regional Price Parities. Prescott Valley-Prescott is 12.9% more expensive than Waterloo-Cedar Falls.

12.9% more expensive

Prescott Valley-Prescott, AZ is 12.9% more expensive than Waterloo-Cedar Falls, IA on BEA Regional Price Parities (overall RPP 98.3 vs 87.1). A $100,000 salary in Waterloo-Cedar Falls buys about the same as $112,863 in Prescott Valley-Prescott; the largest component gap is rents.

  • Overall RPP 87.1 (Waterloo-Cedar Falls) vs 98.3 (Prescott Valley-Prescott)
  • $100k in Waterloo-Cedar Falls ≈ $112,863 purchasing power in Prescott Valley-Prescott
  • Rents drives the gap (+35.7 RPP points)

RPP parity plate

Pair IA:AZ 87.1→98.3

TIER-GAP · CROSS-STATE · RENT-LED · BOTH-BELOW · PP-SHIFT

  • TIER-GAP Clear tier gap
  • CROSS-STATE IA × AZ
  • 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 Waterloo-Cedar Falls would need to be in Prescott Valley-Prescott for the same purchasing power:

In Waterloo-Cedar Falls In Prescott Valley-Prescott Difference
$50,000 $56,431 +$6,431
$75,000 $84,647 +$9,647
$100,000 $112,863 +$12,863
$150,000 $169,294 +$19,294
$ in Waterloo-Cedar Falls = in Prescott Valley-Prescott

Same BEA Regional Price Parity ratio as the table above (87.1 → 98.3), 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.

Waterloo-Cedar Falls, IA and Prescott Valley-Prescott, AZ sit in clearly different price tiers, separated by 11.2 RPP points. At this distance, treating the same nominal salary as equivalent would materially change purchasing power.

Rents leads the difference, with Prescott Valley-Prescott 35.7 points higher than Waterloo-Cedar Falls. 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 Waterloo-Cedar Falls corresponds to $112,863 in Prescott Valley-Prescott.

Category Breakdown

Visual Comparison

Overall
Waterloo-Cedar Falls
87.1
Prescott Valley-Prescott
98.3
Goods
Waterloo-Cedar Falls
93.7
Prescott Valley-Prescott
96.2
Services
Waterloo-Cedar Falls
83.7
Prescott Valley-Prescott
91.5
Rents
Waterloo-Cedar Falls
63.1
Prescott Valley-Prescott
98.8

Vertical line = national average (100)

Waterloo-Cedar Falls
87.1
Cost Index
Prescott Valley-Prescott
98.3
Cost Index

Frequently Asked Questions

Is Prescott Valley-Prescott more expensive than Waterloo-Cedar Falls?

Prescott Valley-Prescott is 12.9% more expensive than Waterloo-Cedar Falls. The overall cost index is 98.3 vs 87.1 (national average = 100).

What salary in Prescott Valley-Prescott equals $100K in Waterloo-Cedar Falls?

A $100,000 salary in Waterloo-Cedar Falls has the same purchasing power as $112,863 in Prescott Valley-Prescott. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Waterloo-Cedar Falls and Prescott Valley-Prescott?

Rents in Waterloo-Cedar Falls are indexed at 63.1 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.