Zip 86313 (Prescott, AZ) Cost of Living


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How much do I need to live in Prescott, Arizona?
$8,880 / month
for a family, 64.4% more expensive than the national average A total of $106,560 for the year for a family.
$3,400 / month
for a single person, 28.7% less expensive than the national average A total of $40,800 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 86313), 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 86313 (Prescott, AZ)

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.
   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
  98.5  Unlock100.0
    Unlock97.3100.0
  139.3  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
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