Cost of living in Prescott Valley, AZ

Prescott Valley-Prescott, AZ metro area · Data updated October 2026

Prescott Valley cost of living compared to the national average

Overall prices vs US average 98.3 1.7% less expensive than the US officialBEA, 2024. US = 100
Rank among 387 metro areas 109th 1st = most expensive. Cheaper than 28% of metros. derivedFrom BEA, 2024
Typical asking rent $1,883/mo US: $1,932/mo officialZillow ZORI, Sep 2026
Typical home value Not available here See note below

What the numbers say

  • Overall prices in Prescott Valley, AZ are 1.7% below the national average; 108 of 387 metro areas are more expensive (BEA 2024).
  • Compared with the rest of the country, Prescott Valley has become more expensive since 2019: the index went from 95.9 to 98.3, and its rank from 127th to 109th most expensive. Housing in Prescott Valley moved most, from 87.0 to 98.8.
  • Zillow's typical asking rent in Prescott Valley is $1,883 a month (September 2026), 2.5% less than the US figure of $1,932. Over five years, Prescott Valley rents are up 14.8%, against up 21.5% for the US.
  • No single category stands out in Prescott Valley: housing is 1.2% below average, goods 3.8% below average and other services about average.
  • The metro areas with the most similar mix of costs are Tucson, AZ, Flagstaff, AZ and Pensacola, FL.

Written from this page's own figures. Price levels are for an average household basket and do not include taxes. How we calculate.

Compare Prescott Valley, AZ with another city

What salary would you need if you moved from Prescott Valley?

Where the money goes

BEA splits prices into four parts. Housing covers rents for renters and the rental value of owned homes; goods include food, clothing, cars and fuel; other services include health care, eating out, transport and recreation.

In Prescott Valley, utilities is the category furthest from the US average: 8.5% below

Price level by category, 2024. US average = 100.

All items
Prescott Valley, AZ: 98.3
Goods
Prescott Valley, AZ: 96.2
Housing (rents)
Prescott Valley, AZ: 98.8
Utilities
Prescott Valley, AZ: 91.5
Other services
Prescott Valley, AZ: 99.8

Bars to the right of the line cost more than the US average; to the left, less.

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
Prescott Valley, AZ
All items98.3
Goods96.2
Housing (rents)98.8
Utilities91.5
Other services99.8

How prices have changed since 2008

These are price levels relative to the whole country in each year, not inflation. A line going up means Prescott Valley got more expensive compared with the rest of the US.

Prescott Valley has become less expensive relative to the US since 2008: 103.0 then, 98.3 now

Overall price level each year, 2008–2024. US average = 100.

US average = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
Prescott Valley, AZ
2008103.0
200998.8
201097.8
201197.8
201296.5
201397.8
201496.4
2015100.3
201698.6
201799.5
201893.7
201995.9
202093.2
202193.9
202292.6
202395.6
202498.3

Goods: 101.2 in 2008, 96.2 in 2024

US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
Prescott Valley, AZ
2008101.2
2009100.1
201098.7
201198.9
201297.1
201395.8
201497.7
2015104.1
2016105.2
2017101.4
201895.7
201999.0
202096.5
202196.6
202297.7
202396.8
202496.2

Housing (rents): 110.1 in 2008, 98.8 in 2024

US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
Prescott Valley, AZ
2008110.1
200995.2
201095.5
201193.8
201292.4
201395.7
201486.6
201594.6
201691.5
201795.9
201884.5
201987.0
202084.4
202194.6
202284.2
2023100.6
202498.8

Utilities: 87.1 in 2008, 91.5 in 2024

US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
Prescott Valley, AZ
200887.1
200992.9
201099.8
2011102.1
2012101.0
2013100.5
2014101.6
2015101.5
2016105.3
2017103.0
201892.3
201994.4
202092.8
202186.5
202287.1
202385.4
202491.5

Other services: 102.4 in 2008, 99.8 in 2024

US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
Prescott Valley, AZ
2008102.4
2009100.0
201098.1
201198.4
201297.5
2013100.2
201499.9
2015100.0
201696.8
201799.6
201896.5
201997.4
202094.7
202192.0
202292.5
202393.3
202499.8

Rent and home prices

Monthly figures from Zillow, newer than BEA's yearly index. Zillow's rent index tracks asking rents for new leases, which move faster than what existing tenants pay.

Prescott Valley rents rose slower than the US over five years: up 14.8% vs 21.5%

Typical asking rent for a new lease, dollars per month.

  • Prescott Valley, AZ
  • United States

Source: Zillow Observed Rent Index (typical asking rent, all homes, smoothed), through September 2026. Data Provided by Zillow Group.

Show the numbers
Prescott Valley, AZUnited States
Jan 2015$950$1,130
Feb 2015$957$1,137
Mar 2015$965$1,145
Apr 2015$967$1,154
May 2015$969$1,162
Jun 2015$981$1,170
Jul 2015$993$1,175
Aug 2015$1,011$1,179
Sep 2015$1,011$1,181
Oct 2015$1,017$1,181
Nov 2015$1,006$1,181
Dec 2015$1,004$1,182
Jan 2016$1,007$1,185
Feb 2016$1,016$1,189
Mar 2016$1,026$1,195
Apr 2016$1,032$1,203
May 2016$1,038$1,211
Jun 2016$1,048$1,219
Jul 2016$1,049$1,223
Aug 2016$1,061$1,225
Sep 2016$1,060$1,225
Oct 2016$1,070$1,223
Nov 2016$1,069$1,222
Dec 2016$1,077$1,222
Jan 2017$1,081$1,226
Feb 2017$1,084$1,233
Mar 2017$1,086$1,245
Apr 2017$1,098$1,254
May 2017$1,108$1,263
Jun 2017$1,119$1,270
Jul 2017$1,125$1,275
Aug 2017$1,133$1,276
Sep 2017$1,139$1,276
Oct 2017$1,141$1,275
Nov 2017$1,150$1,274
Dec 2017$1,150$1,275
Jan 2018$1,153$1,280
Feb 2018$1,160$1,287
Mar 2018$1,175$1,296
Apr 2018$1,185$1,305
May 2018$1,191$1,313
Jun 2018$1,197$1,320
Jul 2018$1,213$1,325
Aug 2018$1,219$1,328
Sep 2018$1,220$1,327
Oct 2018$1,223$1,327
Nov 2018$1,214$1,327
Dec 2018$1,214$1,329
Jan 2019$1,211$1,333
Feb 2019$1,233$1,339
Mar 2019$1,244$1,349
Apr 2019$1,259$1,359
May 2019$1,266$1,368
Jun 2019$1,280$1,376
Jul 2019$1,278$1,381
Aug 2019$1,279$1,384
Sep 2019$1,279$1,383
Oct 2019$1,284$1,381
Nov 2019$1,290$1,380
Dec 2019$1,295$1,381
Jan 2020$1,301$1,386
Feb 2020$1,315$1,394
Mar 2020$1,320$1,402
Apr 2020$1,315$1,404
May 2020$1,308$1,404
Jun 2020$1,318$1,406
Jul 2020$1,339$1,411
Aug 2020$1,351$1,412
Sep 2020$1,360$1,410
Oct 2020$1,369$1,407
Nov 2020$1,391$1,405
Dec 2020$1,392$1,407
Jan 2021$1,401$1,415
Feb 2021$1,430$1,428
Mar 2021$1,477$1,443
Apr 2021$1,523$1,461
May 2021$1,540$1,484
Jun 2021$1,562$1,512
Jul 2021$1,594$1,541
Aug 2021$1,613$1,568
Sep 2021$1,640$1,590
Oct 2021$1,655$1,604
Nov 2021$1,675$1,613
Dec 2021$1,676$1,622
Jan 2022$1,673$1,632
Feb 2022$1,674$1,647
Mar 2022$1,697$1,661
Apr 2022$1,742$1,681
May 2022$1,782$1,700
Jun 2022$1,801$1,721
Jul 2022$1,788$1,737
Aug 2022$1,787$1,747
Sep 2022$1,775$1,748
Oct 2022$1,765$1,744
Nov 2022$1,748$1,738
Dec 2022$1,745$1,735
Jan 2023$1,745$1,737
Feb 2023$1,760$1,744
Mar 2023$1,771$1,757
Apr 2023$1,789$1,767
May 2023$1,794$1,778
Jun 2023$1,795$1,785
Jul 2023$1,798$1,793
Aug 2023$1,793$1,797
Sep 2023$1,792$1,797
Oct 2023$1,794$1,793
Nov 2023$1,783$1,788
Dec 2023$1,785$1,786
Jan 2024$1,775$1,789
Feb 2024$1,794$1,797
Mar 2024$1,808$1,807
Apr 2024$1,823$1,817
May 2024$1,826$1,828
Jun 2024$1,812$1,837
Jul 2024$1,808$1,843
Aug 2024$1,810$1,846
Sep 2024$1,829$1,845
Oct 2024$1,834$1,841
Nov 2024$1,825$1,838
Dec 2024$1,821$1,836
Jan 2025$1,825$1,841
Feb 2025$1,836$1,849
Mar 2025$1,842$1,860
Apr 2025$1,854$1,869
May 2025$1,868$1,876
Jun 2025$1,881$1,880
Jul 2025$1,877$1,883
Aug 2025$1,872$1,883
Sep 2025$1,868$1,881
Oct 2025$1,866$1,878
Nov 2025$1,865$1,875
Dec 2025$1,865$1,873
Jan 2026$1,867$1,876
Feb 2026$1,862$1,883
Mar 2026$1,857$1,894
Apr 2026$1,857$1,904
May 2026$1,874$1,913
Jun 2026$1,880$1,921
Jul 2026$1,893$1,926
Aug 2026$1,884$1,930
Sep 2026$1,883$1,932

Zillow does not publish a home-value index for this area.

Gas prices

Regular gasoline averaged $5.56 a gallon in the West Coast region in the week of October 19, 2026, $1.27 more than the US average of $4.28. EIA does not publish a separate weekly figure for Prescott Valley, AZ, so this is the regional average. official

Work out your commute's gas cost

Source: U.S. Energy Information Administration, weekly retail gasoline prices, regular grade, including taxes.

Childcare

Not included yet. The free official source (the U.S. Department of Labor's National Database of Childcare Prices) is published by county, with its latest year 2022 and gaps in some states. We will add it once we can show it per metro without guessing.

Where Prescott Valley ranks

Among 387 metro areas, 2024. 1st is the most expensive.

CategoryIndex (US = 100)RankCheaper than
All items 98.3 109th of 387 28% of metros
Goods 96.2 217th of 387 56% of metros
Housing (rents) 98.8 98th of 387 25% of metros
Utilities 91.5 144th of 387 37% of metros
Other services 99.8 69th of 387 18% of metros

Metro areas with a similar cost mix

Closest in all four categories at once, not just in the overall number.

Metro areaOverallHousingTypical rentCompare
Prescott Valley, AZ (this page) 98.3 98.8 $1,883
Tucson, AZ 96.9 91.8 $1,488 Compare
Flagstaff, AZ 100.3 109.0 $2,128 Compare
Pensacola, FL 97.7 98.8 $1,735 Compare
Panama City, FL 97.3 96.4 $1,735 Compare
Crestview, FL 97.0 94.9 $1,968 Compare
Sebastian, FL 98.3 101.6 $2,128 Compare

Other metro areas in Arizona

Cost of living in Arizona

Sources and limits

  • Price levels: U.S. Bureau of Economic Analysis (BEA), Regional Price Parities, 2008–2024. Last updated February 19, 2026: new statistics for 2024; revised statistics for 2008-2023. Downloaded 2026-10-21.
  • Rent and home values: Data Provided by Zillow Group (Zillow Observed Rent Index and Zillow Home Value Index, metro level), through September 2026. Downloaded 2026-10-21.
  • These are averages for the whole metro area and an average household's spending. Your costs depend on neighborhood, household size and habits. Taxes are not included. BEA figures lag by about 18 months.

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