Housing costs in Prescott?
A typical home costs
$646,700, which is 91.3% more expensive than the national average of
$338,100 and 58.7% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Prescott costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 30.3% cheaper than the state average of
$1,550.
Can I afford Prescott?
To live comfortably in Prescott (zip 86305), Arizona, a minimum annual income of
$123,840 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Prescott?
The cost of living in Prescott, AZ (86305) is slightly higher than the national average. Prices for goods and services are generally higher than found in other cities of similar size. Homes are also a bit more expensive, with the median home price being around $270,000. Transportation costs in Prescott can be quite high due to its distance from major metropolitan areas, and utilities tend to be on the pricier side as well. Despite the higher cost of living, Prescott provides access to numerous amenities that make life comfortable.