City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Phoenix | Prescott Valley | Difference |
|---|---|---|---|
| Median rent | $1,322/mo | $1,348/mo | 1.9% lower in A |
| Median home value | $340,200 | $341,900 | 0.5% lower in A |
| Median household income | $72,092 | $66,617 | 8.2% higher in A |
| Groceries index | 97.7 | 98.6 | 0.9% lower in A |
| Utilities index | 102.9 | 101.5 | 1.3% higher in A |
| Transportation index | 104.2 | 101.3 | 2.9% higher in A |
| Healthcare index | 104.0 | 101.1 | 2.9% higher in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Phoenix, you'd need $93,234 in Prescott Valley to maintain your standard of living.
Climate, safety, and demographics side by side.
Prescott Valley, AZ is about 6.8% cheaper overall than Phoenix, AZ, based on our cost-of-living index. Housing costs are roughly 13% lower in Prescott Valley than in Phoenix. If you earn $80,000 in Phoenix, you'd need about $74,587 in Prescott Valley to keep the same standard of living.