Housing costs in Prescott?
A typical home costs
$554,900, which is 64.1% more expensive than the national average of
$338,100 and 36.2% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Prescott costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 36.0% cheaper than the state average of
$1,550.
Can I afford Prescott?
To live comfortably in Prescott (zip 86303), Arizona, a minimum annual income of
$106,200 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Prescott?
The cost of living in 86303 Prescott, AZ is relatively low compared to other areas in the state. According to bestplaces.net, Prescott has an overall cost of living index of 95.2, which is lower than the national average at 100. The median home value for this area is approximately $250,000 and rents are typically around $900-$1000 per month. Transportation costs are also low with a one-way ticket on public transit costing only $1.50 and gasoline being roughly 20 cents cheaper than the national average. Overall, Prescott is an affordable place to live with a number of lifestyle amenities that make it even more appealing.