Housing costs in Prescott?
A typical home costs
$573,000, which is 69.5% more expensive than the national average of
$338,100 and 40.6% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Prescott costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$1,550.
Can I afford Prescott?
To live comfortably in Prescott, Arizona, a minimum annual income of
$109,800 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Prescott?
Prescott, AZ is known for its relatively low cost of living compared to other cities in the United States. Goods and services are around 10-14% cheaper than the national average, making it an attractive destination for retirees and budget-conscious individuals. The median home cost is approximately $265,000 with median rent being $890/month. With a variety of housing options ranging from apartments and condos to single family homes, Prescott offers a wide range of affordability. Utilities such as electricity, water, and internet are also considered affordable in the city. Despite its lower cost of living, Prescott still has plenty to offer with its diverse shopping centers and restaurants, which provide plenty of options for entertainment and leisure activities.