Housing costs in Prescott?
A typical home costs
$555,400, which is 64.3% more expensive than the national average of
$338,100 and 36.3% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Prescott costs
$1,250 per month, which is 12.6% cheaper than the national average of
$1,430 and 24.0% cheaper than the state average of
$1,550.
Can I afford Prescott?
To live comfortably in Prescott (zip 86313), Arizona, a minimum annual income of
$106,560 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Prescott?
The cost of living in Prescott, AZ 86313 is generally lower than other parts of the country. The area’s median home price is $319,000, which is lower than the national average. Additionally, housing costs are 12% lower than the national average. Since groceries and health care costs are also lower than the national average, living in Prescott can be quite affordable. On top of that, the area has a 6% sales tax rate and there is no state income tax in Arizona. All of these factors make Prescott an attractive option for people looking to save money while still enjoying a high quality of life.