Overall
98.3
Below avg
Metro cost profile · 2024 BEA RPP
Prescott Valley-Prescott, AZ
Cost-of-living indicators for Prescott Valley-Prescott, AZ, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.
- 98.3
- Overall RPP
- #109
- of 387 metros
- 98.8
- Rents RPP
- $102K
- $100K national buys
Prescott Valley ranks #109 of 387 U.S. metros by cost, and its overall price index has fallen 4.7 points since 2008.
- falling since 2008
- similar cost to Lancaster
The verdict
Prescott Valley costs less than 28% of U.S. metros, an overall index of 98.3, 1.7% below the national average, with services the biggest swing at 91.5.
- bottom 72%
- by overall cost, nationwide
- 96.2
- goods RPP, tradable items
- 91.5
- services RPP, labor-priced
A $100,000 national salary carries the purchasing power of about $101,776 here; matching a $100K lifestyle takes roughly $98,255.
Service-cost relief profile
How Prescott Valley's cost structure works
Services provide the strongest cost offset in Prescott Valley: their index is 91.5, farther below the national baseline than rents or tradable goods. The overall RPP of 98.3 therefore has a different source than a place with cheaper housing instead.
Across all reported metros, the closest component-profile matches are Durham-Chapel Hill, NC, Virginia Beach-Chesapeake-Norfolk, VA-NC, Richmond, VA. They resemble Prescott Valley across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.
Across 2008-2024, Prescott Valley's overall index has fallen by 4.7 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.
Prescott Valley vs every U.S. metro
Where this metro sits in the national cost distribution
98 Top 28% higher than 72% of 387 US metros
Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024
Prescott Valley cost breakdown
BEA RPP by category, 100 = national average
- Rents
Rents
98.8 RPP
- Services
Services
91.5 RPP
- Overall
Overall
98.3 RPP
- Goods
Goods
96.2 RPP
What this shows Prescott Valley's strongest departure is services at 91.5; goods follows at 96.2. Labor-priced local activity, rather than housing alone, is the first budget line to investigate.
Goods vs. housing, where Prescott Valley's cost comes from
Metros near Prescott Valley's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.
Read the chart as text
- Prescott Valley (Prescott Valley, this metro): goods RPP 96.2, rents RPP 98.8
- Lancaster: goods RPP 100.7, rents RPP 93.8
- Merced: goods RPP 105.2, rents RPP 78.6
- Provo: goods RPP 96.4, rents RPP 104.1
- Coeur d'Alene: goods RPP 96.2, rents RPP 105.6
- Sebastian: goods RPP 96.2, rents RPP 101.6
- Barnstable Town: goods RPP 97, rents RPP 90
Price Index Summary
Goods
96.2
Below avg
Services
91.5
Below avg
Rents
98.8
Below avg
RPP History (2008-2024)
The cost of living has been trending downward, decreasing by 4.7 points over this period. The largest single-year move was in 2018, when the index dropped 5.8 points from the year before, a bigger swing than the full 2008-2024 change.
Prescott Valley overall RPP, 2008-2024
Every year on record, national average = 100
| Year | Overall |
|---|---|
| 2008 | 103.0 |
| 2009 | 98.8 |
| 2010 | 97.8 |
| 2011 | 97.8 |
| 2012 | 96.5 |
| 2013 | 97.8 |
| 2014 | 96.4 |
| 2015 | 100.3 |
| 2016 | 98.6 |
| 2017 | 99.5 |
| 2018 | 93.7 |
| 2019 | 95.9 |
| 2020 | 93.2 |
| 2021 | 93.9 |
| 2022 | 92.6 |
| 2023 | 95.6 |
| 2024 | 98.3 |
Latest BEA release change
What changed from 2023 to 2024
Prescott Valley's overall RPP rose +2.7 points, from 95.6 in 2023 to 98.3 in 2024. The largest category movement was services, changing from 85.4 to 91.5. This is a relative change against the national benchmark, not a household's dollar bill.
Salary Equivalent
A $100,000 salary at the national average cost of living equals:
$98,255
in Prescott Valley-Prescott, AZ purchasing power
$50,000 nationally
$49,127
$75,000 nationally
$73,691
$125,000 nationally
$122,819
$150,000 nationally
$147,383
$200,000 nationally
$196,510
Use the salary calculator for custom amounts.
Affordability score
D
25/100
How far the median local paycheck goes here, combining income and housing cost
Purchasing power
Not reported
Housing affordability D
25th percentile
A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.
Decision peers
Metros with a similar cost mix
These metros are closest to Prescott Valley's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.
Durham-Chapel Hill, NC
Goods 96.6 · Services 89.3 · Rents 98.9 Virginia Beach-Chesapeake-Norfolk, VA-NC
Goods 96.8 · Services 89.6 · Rents 99.8 Richmond, VA
Goods 96.8 · Services 89.2 · Rents 99.1 Charlotte-Concord-Gastonia, NC-SC
Goods 96.6 · Services 89.2 · Rents 97.6 Carson City, NV
Goods 96.3 · Services 92.7 · Rents 101.2 Milwaukee-Waukesha, WI
Goods 93.8 · Services 91.6 · Rents 97.1
AZ-relative analysis
Goods prices places Prescott Valley-Prescott, AZ toward the bottom of AZ's metros
Among the 7 AZ metros PlainCost tracks with reported goods prices data, Prescott Valley-Prescott, AZ ranks #1 - the 14th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Prescott Valley-Prescott, AZ only against its own state's metros, not the full US field.
Goods prices
#1 of 7
14th percentile in AZ
Services prices
#4 of 7
43rd percentile in AZ
Rent prices
#3 of 7
57th percentile in AZ
Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within AZ only, not a livability score.
Nationwide metros with similar overall cost or rent prices
Two BEA RPP-derived peer sets for Prescott Valley-Prescott, AZ: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.
Similar overall RPP
Nearest metros by overall regional price parity (98.3 here).
Similar rents RPP
Nearest metros by rents regional price parity (98.8 here).
Other AZ Metros
Phoenix-Mesa-Chandler, AZ 103.3 Flagstaff, AZ 100.3 Tucson, AZ 96.9 Lake Havasu City-Kingman, AZ 94.1 Yuma, AZ 92.7 Sierra Vista-Douglas, AZ 89.2
View all AZ metros → Cheapest in AZ → Most expensive in AZ →
Metros with Similar Cost of Living
These metros have an overall RPP closest to Prescott Valley-Prescott, AZ's index of 98.3.
Showing the 6 closest of 387 metro areas tracked nationally.
Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.
Compare to Other Metros
Shareable data card
Take this cost snapshot with you
Download the data card or share this exact metro record. The card uses the same BEA-derived values shown above.
What this means for Prescott Valley
How to read Prescott Valley's cost of living before a move, a job offer, or a budget.
- Budget to local prices, not headline pay, a $100K national salary spends like about $101,776 in Prescott Valley. Salary calculator
- Start with services: it indexes at 91.5, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
- Compare Prescott Valley head-to-head against a specific destination before you decide. Compare metros
RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.
Frequently Asked Questions
What is the cost of living in Prescott Valley-Prescott, AZ?
Prescott Valley-Prescott, AZ has a Regional Price Parity (RPP) index of 98.3, meaning it is 1.7% less expensive than the national average. Goods are indexed at 96.2, services at 91.5, and rents at 98.8. It ranks #109 out of 387 U.S. metro areas by overall cost.
What salary do I need in Prescott Valley-Prescott, AZ to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $98,255 in Prescott Valley-Prescott, AZ. Conversely, $100K earned in Prescott Valley-Prescott, AZ has the purchasing power of $101,776 at the national average.
How expensive is rent in Prescott Valley-Prescott, AZ?
Rents in Prescott Valley-Prescott, AZ are indexed at 98.8, which is 1.2% below the national average. This is close to the U.S. average.
Is Prescott Valley-Prescott, AZ getting more expensive?
From 2008 to 2024, Prescott Valley-Prescott, AZ's overall cost index changed by -4.7 points (from 103.0 to 98.3). The cost of living has been declining.
What costs the most in Prescott Valley-Prescott, AZ?
The priciest category in Prescott Valley-Prescott, AZ is rents at 98.8, 1.2% below the national average, still the highest of the three categories. The most affordable category is services at 91.5, 8.5% below average.
What metros have a similar cost of living to Prescott Valley-Prescott, AZ?
Metros with the most similar overall cost index include Lancaster, Merced, Provo-Orem-Lehi. These areas have RPP values within a few points of Prescott Valley-Prescott, AZ's 98.3.
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.