Housing costs in Prescott Valley?
A typical home costs
$402,400, which is 19.0% more expensive than the national average of
$338,100 and 1.2% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Prescott Valley costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 27.0% cheaper than the state average of
$1,550.
Can I afford Prescott Valley?
To live comfortably in Prescott Valley (zip 86314), Arizona, a minimum annual income of
$77,040 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Prescott Valley?
The cost of living in 86314 Prescott Valley, AZ is quite reasonable compared to other parts of the state. The overall cost of living index for this city is 97.3, which is 3.7 points below the US average of 100. Housing costs are particularly low here, with a median home value of $225,000 and an average rent of $1,096 per month. The cost of groceries, utilities, and health care are all slightly higher than the national average, but still relatively affordable. Additionally, the city has no income tax and a sales tax rate that is lower than many other cities in Arizona. All these factors make Prescott Valley an attractive place to live for those looking for a combination of affordability and quality lifestyle choices.