Cost of Living in Prescott Valley, AZ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
127.5
100 = national avg
+27.5 vs national average
Living Wage (1 Adult)
$56,090
per year
Living Wage (Family of 4)
$132,576
per year
Cost Index by Category
Housing164.4
Food104.1
Transportation108.2
Healthcare103.3
Utilities115.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,309
per month
2 Bedroom
$1,637
per month
The overall cost of living index in Prescott Valley is 127.5, which is 27.5% above the national average. Housing costs are above the national average at an index of 164.4. A single adult needs to earn approximately $56,090 per year to cover basic expenses.