Is Phoenix, AZ cheaper than Prescott Valley, AZ?

Based on cost of living data, Phoenix, AZ is 2.6% cheaper than Prescott Valley, AZ. This translates to saving $196 per month.

What salary do I need in Phoenix, AZ to live like I do in Prescott Valley, AZ?

If you earn $150,000 in Prescott Valley, AZ, you'd need approximately $147,648.002 in Phoenix, AZ to maintain the same standard of living.

How does housing cost compare between Prescott Valley, AZ and Phoenix, AZ?

Housing in Phoenix, AZ is 1.7% cheaper than in Prescott Valley, AZ. For a two-bedroom apartment, rent is $1,750/month in Phoenix, AZ compared to $1,268/month in Prescott Valley, AZ.

How much can I save per month by moving from Prescott Valley, AZ to Phoenix, AZ?

Moving from Prescott Valley, AZ to Phoenix, AZ could save you approximately $196 per month, or $2352 per year, based on a $150,000 salary.

Prescott Valley, AZ vs Phoenix, AZ: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Prescott Valley, AZ — ZIP-level rent data · COL adjusted from Scottsdale, AZ area

Current salary in Prescott Valley, AZ

Numbers update automatically as you type

You'd save $196/month moving to Phoenix, AZ

$150.0K in your current city equals $147.6K in Phoenix, AZ

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↓ 2.6%

Less expensive

Monthly Impact

$196

Savings

Annual Impact

$2.4K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Prescott Valley, AZ

Population:50K

Cost Index:100

Median Home:$428K

Phoenix, AZ

Population:1608K

Cost Index:97

Median Home:$414K

Prescott Valley, AZ

The Grand Canyon State

50K

Population

State Tax

Yes

Located in Arizona, this city has a population of 50K residents.

Phoenix, AZ

The Grand Canyon State

1.6M

Population

State Tax

Yes

Climate

Hot desert

Notable Facts

•Fastest growing major city
•Desert metropolis
•Spring training capital

Major Industries

TechnologyHealthcareTourismManufacturing

Cost Breakdown by Category

Annual spending: Prescott Valley, AZ vs Phoenix, AZ

Category	Prescott Valley, AZ	Phoenix, AZ	Difference	Change
🚗Transportation	$1,262/mo	$1,489/mo	↑ $227more	18.0%
🛒Groceries	$883/mo	$963/mo	↑ $80.03more	9.1%
⚡All Utilities	$503/mo	$561/mo	↑ $58.06more	11.5%
🏠Housing	$2,835/mo	$2,788/mo	↓ $46.93less	1.7%
🏥Healthcare	$542/mo	$589/mo	↑ $46.65more	8.6%
📦Other	$1,703/mo	$1,677/mo	↓ $25.62less	1.5%

🚗Transportation

↑ 18.0%

Prescott Valley, AZ

$1,262

Phoenix, AZ

$1,489

Difference

$227

🛒Groceries

↑ 9.1%

Prescott Valley, AZ

$883

Phoenix, AZ

$963

Difference

$80.03

⚡All Utilities

↑ 11.5%

Prescott Valley, AZ

$503

Phoenix, AZ

$561

Difference

$58.06

🏠Housing

↓ 1.7%

Prescott Valley, AZ

$2,835

Phoenix, AZ

$2,788

Difference

$46.93

less

🏥Healthcare

↑ 8.6%

Prescott Valley, AZ

$542

Phoenix, AZ

$589

Difference

$46.65

📦Other

↓ 1.5%

Prescott Valley, AZ

$1,703

Phoenix, AZ

$1,677

Difference

$25.62

less

🏠Rent Comparison

Studio

From$872

To$1,390

↑ $518

1 Bed

From$1,016

To$1,510

↑ $494

2 Bed

From$1,268

To$1,750

↑ $482

3 Bed

From$1,765

To$2,330

↑ $565

Prescott Valley, AZZIP-level data

1BR range: $1,410–$1,410/mo

Phoenix, AZZIP-level data

1BR range: $1,300–$2,380/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,729

Monthly in Prescott Valley, AZ

$8,068

Monthly in Phoenix, AZ

$339

Difference

Home Values

Prescott Valley

Phoenix

$428K

Median Value

$414K

↑ +0.6%

YoY Change

↓ -3.1%

↑ +31.5%

5-Year Change

↑ +30.2%

$428K

Price Range

$274K - $957K

Homes in Phoenix are 3% less expensive than Prescott Valley

Calculate payment - Prescott Valley Calculate payment - Phoenix

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Prescott Valley, AZ

Federal Income Tax

Effective: 18.9%

$25.5K

Arizona State Tax

Effective: 3.5%

$5.2K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 28.2%

$42.2K

Take-Home Pay

$8,979/month

$107.8K

Phoenix, AZ

Federal Income Tax

Effective: 18.9%

$25.5K

Arizona State Tax

Effective: 3.5%

$5.2K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 28.2%

$42.2K

Take-Home Pay

$8,979/month

$107.8K

Additional Tax Information

Prescott Valley, AZ Tax Rates

Sales Tax:8.5%

Property Tax:0.6%

Phoenix, AZ Tax Rates

Sales Tax:8.5%

Property Tax:0.6%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.