Cost of Living / Prescott Valley–Prescott, AZ Metro
Cost of Living in Prescott Valley–Prescott, AZ Metro
Official metro name: Prescott Valley-Prescott, AZ Metro Area
Prescott Valley–Prescott, AZ Metro has a population of 237,830. Median household income is $62,430 and median rent is $1,128 per month. Rent is roughly 21.7% of median monthly income.
State: AZPopulation: 237,830Income: $62,430Rent: $1,128Affordability: Affordable (21.7%)
Median Household Income
$62,430
Annual (ACS median)
Median Rent
$1,128
Monthly (ACS median gross rent)
Rent as % of Income
21.7%
rent ÷ (income/12)
Cost Index
83
Simplified relative index
Is Prescott Valley–Prescott, AZ Metro expensive?
Based on median rent and income, Prescott Valley–Prescott, AZ Metro has a Affordable rent burden. Median rent is $1,128, which is about 21.7% of median monthly household income.
Average rent in Prescott Valley–Prescott, AZ Metro
Median rent (ACS) is $1,128 per month. (Neighborhoods vary widely.)
How much income do you need in Prescott Valley–Prescott, AZ Metro?
Median household income (ACS) is $62,430 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in AZ
Compare Prescott Valley–Prescott, AZ Metro with nearby metros:
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.