What is the cost of living in Prescott Valley, AZ?
According to the most recent data on the cost of living, Prescott Valley has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Arizona, Prescott Valley has a cost of living index that's 1.1x higher than Arizona's index of 100.
The standard of living in Prescott Valley ranks as #52 most affordable out of the 91 places we measured in Arizona. By definition, that implies Prescott Valley ranks as the #39 most expensive place in the Grand Canyon State.
For more reading on life in Prescott Valley, check out:
Prescott Valley Cost Of Living Vs. Arizona
Six factors go into calculating the cost of living index in Prescott Valley. Here is how it fares on each of the criteria:
The Services index in Prescott Valley is 102.
The Groceries index in Prescott Valley is 103.
The Health index in Prescott Valley is 133.
The Housing index in Prescott Valley is 102.
The Transportation index in Prescott Valley is 112.
The Utilities index in Prescott Valley is 103.
| Living Expense | Prescott Valley | Arizona | National Average |
|---|---|---|---|
| Overall | 111 | 100 | 100 |
| Services | 102 | 99 | 100 |
| Groceries | 103 | 99 | 100 |
| Health | 133 | 97 | 100 |
| Housing | 102 | 104 | 100 |
| Transportation | 112 | 113 | 100 |
| Utilities | 103 | 104 | 100 |
Prescott Valley Cost Of Living Compared To Arizona Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Arizona, check out:
Protect your home budget Compare home warranties in Prescott Valley Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Prescott Valley, AZ Housing Cost Breakdown
Housing swings affordability the most between places in Arizona, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Prescott Valley is $462,396.
The Median Rent in Prescott Valley is $1,580.
The Median Income in Prescott Valley is $74,569.
The Home Value To Income in Prescott Valley is 6.2x.
The Rent To Monthly Income in Prescott Valley is 0.25x.
| Statistic | Prescott Valley | Arizona | United States |
|---|---|---|---|
| Median Home Value | $462,396 | $423,329 | $332,700 |
| Median Rent | $1,580 | $1,543 | $1,413 |
| Median Income | $74,569 | $79,964 | $80,734 |
| Home Value To Income | 6.2x | 5.3x | 4.1x |
| Rent To Monthly Income | 0.25x | 0.23x | 0.21x |
Prescott Valley, AZ Costs By Category
Detailed Prescott Valley Services costs vs. Arizona
| Item | Prescott Valley | Arizona |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $11.7 | $12.13 |
| Bowling | $26.78 | $18 |
| Haircut | $22.83 | $24.26 |
| Beauty Salon | $38.8 | $45.56 |
Detailed Prescott Valley Groceries costs vs. Arizona
| Item | Prescott Valley | Arizona |
|---|---|---|
| Ground Beef | $5.21 | $5.84 |
| Fried Chicken | $1.73 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $4.05 | $4.93 |
| Pizza | $13.22 | $12.09 |
| Beer | $11.51 | $10.41 |
| Toothpaste | $3.54 | $3.7 |
Detailed Prescott Valley Health costs vs. Arizona
| Item | Prescott Valley | Arizona |
|---|---|---|
| Optometrist | $83.94 | $125.68 |
| Doctor | $96.11 | $135.78 |
| Dentist | $104.95 | $113.29 |
Detailed Prescott Valley Transportation costs vs. Arizona
| Item | Prescott Valley | Arizona |
|---|---|---|
| Gasoline | $3.58 | $3.46 |
| Tire Balancing | $45.24 | $59.92 |
Detailed Prescott Valley Utilities costs vs. Arizona
| Item | Prescott Valley | Arizona |
|---|---|---|
| All Electricity | $272.57 | $193.99 |
| Phone | $184.69 | $192.25 |
Prescott Valley SnackAbility
Cost Of Living In Cities Around Prescott Valley
The cost of living varies in the cities and towns around Prescott Valley. Here's a quick look at the cost of living in the most populous nearby places:
Prescott, AZ has a cost of living index of 123, 1.1x Prescott Valley.
Chino Valley, AZ has a cost of living index of 112, 1.0x Prescott Valley.
Cottonwood, AZ has a cost of living index of 104, 0.9x Prescott Valley.
| City | Population | Cost Of Living | Vs. Prescott Valley |
|---|---|---|---|
| Prescott, AZ | 47,400 | 123 | 1.1x |
| Chino Valley, AZ | 13,602 | 112 | 1.0x |
| Cottonwood, AZ | 12,580 | 104 | 0.9x |
| Williamson, AZ | 6,310 | 133 | 1.2x |
