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2018 Cost of Living Calculator:
Cottonwood, Arizona vs Prescott, Arizona

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A salary of $50,000 in Cottonwood, Arizona should increase to $59,680 in Prescott, Arizona
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Prescott, Arizona is 19.4% more expensive than Cottonwood, Arizona
Cost of Living IndexesCottonwood, AZPrescott, AZDifference
Overall (Homeowner, No Child care, Taxes Not Included)106.4127.019.4% more
Food & Groceries105.1105.1equal
Housing (Homeowner)118.3189.36equal
Housing (Renter)
Median Home Cost$221,200$354,100$132,900 (60.1% more)
Utilities104.3102.31.9% less
Transportation93.089.53.8% less
Health120.7120.7equal
Taxes
Child care
Miscellaneous96.996.80.1% less
100 = US Average. Below 100 means cheaper than the US average. Above 100 means more expensive. About our Cost of Living Index

Comparison Highlights

- Overall, Prescott, Arizona is 19.4% more expensive than Cottonwood, Arizona
- Median Home Cost is the biggest factor in the cost of living difference.
- Median Home Cost is 60% more expensive in Prescott.


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Before moving to a new city you want to know how much it will cost to live there. “Cost of living” is the amount of money you need to maintain a certain lifestyle in a given place. The price of goods and services vary from one city to another, calculating the cost of living will help you determine how much more or less you need to make and help you factor in expenses.

The expenses that go in to determining cost of living include housing prices for renters or homeowners, housing affordability, entertainment costs, transportation expenses, food prices, and taxes.

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A cost of living index allows you to compare what it costs to live in one place against another, helping you get a glimpse of how far your money will go before you move. For example the cost of living in New York City is almost twice that of Portland, Oregon.

Our goal with the Cost of Living Calculator is to help you feel more confident in deciding where to live and help you find your best place to live.

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