Zip 86305 (Prescott, AZ) Cost of Living


2 Reviews



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How much do I need to live in Prescott, Arizona?
$10,320 / month
for a family, 91.1% more expensive than the national average A total of $123,840 for the year for a family.
$3,233 / month
for a single person, 32.2% less expensive than the national average A total of $38,800 for the year for a single person.

Prescott cost of living score
114.1
More expensive
14.1% higher
than the US average
7.2% higher
than the Arizona average
Prescott (zip 86305), Arizona gets a BestPlaces Cost of Living score of 114.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.1% higher than the U.S. average and 7.2% lower than the average for Arizona.

Zip 86305 (Prescott, AZ)

Housing costs in Prescott?
A typical home costs $646,700, which is 91.3% more expensive than the national average of $338,100 and 58.7% more expensive than the average Arizona home, at $407,400. Renting a two-bedroom unit in Prescott costs $1,190 per month, which is 16.8% cheaper than the national average of $1,430 and 30.3% cheaper than the state average of $1,550.

Can I afford Prescott?
To live comfortably in Prescott (zip 86305), Arizona, a minimum annual income of $123,840 for a family, and $38,800 for a single person is recommended.

What does A.I. say about Prescott?
The cost of living in Prescott, AZ (86305) is slightly higher than the national average. Prices for goods and services are generally higher than found in other cities of similar size. Homes are also a bit more expensive, with the median home price being around $270,000. Transportation costs in Prescott can be quite high due to its distance from major metropolitan areas, and utilities tend to be on the pricier side as well. Despite the higher cost of living, Prescott provides access to numerous amenities that make life comfortable.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPrescottArizonaUnited States
    Unlock106.4100.0
  102.0  Unlock100.0
    Unlock97.3100.0
  212.5  Unlock100.0
    Unlock$407,400$338,100
  102.3  Unlock100.0
    Unlock107.0100.0
  90.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Prescott
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I'm a born and bred Californian and have lived mostly in the Northern California Sierra foothill communities ( Chico area ) with a short stint in LA for school, and then  More

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Over 17 years ago

We have been visiting Arizona since 1972 and traveled through much of it. In 1992 we bought 5 acres in a rural-like area north of Prescott. We built a home in 1998 and  More

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