Housing costs in Prescott?
A typical home costs
$510,700, which is 51.0% more expensive than the national average of
$338,100 and 25.4% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Prescott costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 12.3% cheaper than the state average of
$1,550.
Can I afford Prescott?
To live comfortably in Prescott (zip 86301), Arizona, a minimum annual income of
$97,920 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Prescott?
The cost of living in 86301 Prescott, AZ is relatively affordable compared to many other cities across the United States. The median home value in the area is roughly $276,100 which is significantly lower than the national average of $219,700. Additionally, utilities such as electricity and water are quite reasonable. The cost of groceries is also somewhat low with an overall index score of 91.5—lower than the national average of 100. In terms of transportation costs, the city offers public bus services making it easy to get around without a car and gasoline prices remain below the national average as well. Overall, 86301 Prescott, AZ remains a great place to live given its affordable cost of living.