Cost of Living in Prescott, AZ
Overall index: 125 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 152 | +52% | $913 |
| Transportation | 102 | +2% | $3.50 |
| Food | 93 | -7% | $381 |
| Utilities | 126 | +26% | $274 |
| Healthcare | 126 | +26% | $198 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Prescott?
A single adult living comfortably in Prescott, AZ needs approximately $43,750 / year after taxes.
Already earning a salary somewhere else? Compare it directly:
Frequently Asked Questions
What is the cost of living in Prescott, AZ?
The overall cost of living in Prescott, AZ is 25% higher than the US national average (index: 125 where 100 = national average).
How much is rent in Prescott, AZ?
Average rent for a 1-bedroom apartment in Prescott, AZ is about $913/month.
Is Prescott, AZ expensive to live in?
Yes, Prescott, AZ is considered expensive (index above national average).
What salary do I need to live in Prescott, AZ?
A single adult needs roughly $43,750/year to cover basic living costs in Prescott, AZ.