Cost of Living: Phoenix, AZ vs Prescott Valley, AZ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,370/mo in Phoenix, AZ versus $4,370/mo in Prescott Valley, AZ. In the model, rent is about 21.24% of gross in Phoenix, AZ versus 21.43% in Prescott Valley, AZ, so Phoenix, AZ tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Phoenix, AZ and Prescott Valley, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Prescott Valley, AZ
- Lower rent (median 1BR/2BR): Phoenix, AZ
- Lower home prices: Prescott Valley, AZ
- Higher median household income: Phoenix, AZ
Cost of Living Index
Phoenix, AZ: 102.4 (U.S. = 100) · Prescott Valley, AZ: 100 (U.S. = 100)
Prescott Valley, AZ has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Phoenix, AZ: $1,385/mo (midpoint of 1BR/2BR) · Prescott Valley, AZ: $1,398/mo
Median rent in Prescott Valley, AZ is $13/mo higher than in Phoenix, AZ.
Median Home Price
Phoenix, AZ: $381,900 · Prescott Valley, AZ: $376,300
Median home price in Phoenix, AZ is $5,600 higher than in Prescott Valley, AZ.
Median Household Income
Phoenix, AZ: $77,041 · Prescott Valley, AZ: $70,793
Phoenix, AZ has a higher median household income than Prescott Valley, AZ by $6,248.
Phoenix, AZ overview · Prescott Valley, AZ overview · Popular comparisons