Lakeway, Texas vs. Prescott, Arizona

Cost of Living Comparison

The cost of living in Prescott, Arizona is 20.7% cheaper than Lakeway, Texas.

You would need a salary of $237,857 in Prescott, Arizona to maintain the standard of living you have in Lakeway, Texas.
Comparison highlights
• Overall, Prescott, Arizona is cheaper than Lakeway, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
27% cheaper in Prescott
than in Lakeway, Texas
Lakeway, TX vs. Prescott, AZ
Compared to Lakeway, Prescott is:
  Homeowner
      No Child Care, Taxes not Considered
  20.7% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  1.3% higher
  Housing (Homeowner)
  19.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.6% higher
  Commute
  30.9% lower
  Health
  27.5% higher
  Taxes
  Childcare
  Personal
  4.3% lower