Is Raleigh, NC cheaper than Prescott Valley, AZ?

Based on cost of living data, Raleigh, NC is 8.5% cheaper than Prescott Valley, AZ. This translates to saving $635 per month.

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

If you earn $150,000 in Prescott Valley, AZ, you'd need approximately $142,382.327 in Raleigh, NC to maintain the same standard of living.

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

Housing in Raleigh, NC is 12.9% cheaper than in Prescott Valley, AZ. For a two-bedroom apartment, rent is $1,800/month in Raleigh, NC compared to $1,268/month in Prescott Valley, AZ.

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

Moving from Prescott Valley, AZ to Raleigh, NC could save you approximately $635 per month, or $7618 per year, based on a $150,000 salary.

Prescott Valley, AZ vs Raleigh, NC: 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 $635/month moving to Raleigh, NC

$150.0K in your current city equals $142.4K in Raleigh, NC

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

Overall Cost

↓ 8.5%

Less expensive

Monthly Impact

$635

Savings

Annual Impact

$7.6K

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

Raleigh, NC

Population:474K

Cost Index:92

Median Home:$512K

Prescott Valley, AZ

The Grand Canyon State

50K

Population

State Tax

Yes

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

Raleigh, NC

The Tar Heel State

474K

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Research Triangle
•State capital
•Major university town

Major Industries

TechnologyResearchEducationGovernment

Cost Breakdown by Category

Annual spending: Prescott Valley, AZ vs Raleigh, NC

Category	Prescott Valley, AZ	Raleigh, NC	Difference	Change
🏠Housing	$2,835/mo	$2,469/mo	↓ $367less	12.9%
🛒Groceries	$883/mo	$959/mo	↑ $76.04more	8.6%
🏥Healthcare	$542/mo	$601/mo	↑ $59.05more	10.9%
⚡All Utilities	$503/mo	$546/mo	↑ $43.31more	8.6%
🚗Transportation	$1,262/mo	$1,284/mo	↑ $21.78more	1.7%
📦Other	$1,703/mo	$1,707/mo	↑ $4.51more	0.3%

🏠Housing

↓ 12.9%

Prescott Valley, AZ

$2,835

Raleigh, NC

$2,469

Difference

$367

less

🛒Groceries

↑ 8.6%

Prescott Valley, AZ

$883

Raleigh, NC

$959

Difference

$76.04

🏥Healthcare

↑ 10.9%

Prescott Valley, AZ

$542

Raleigh, NC

$601

Difference

$59.05

⚡All Utilities

↑ 8.6%

Prescott Valley, AZ

$503

Raleigh, NC

$546

Difference

$43.31

🚗Transportation

↑ 1.7%

Prescott Valley, AZ

$1,262

Raleigh, NC

$1,284

Difference

$21.78

📦Other

↑ 0.3%

Prescott Valley, AZ

$1,703

Raleigh, NC

$1,707

Difference

$4.51

🏠Rent Comparison

Studio

From$872

To$1,570

↑ $698

1 Bed

From$1,016

To$1,640

↑ $624

2 Bed

From$1,268

To$1,800

↑ $532

3 Bed

From$1,765

To$2,255

↑ $490

Prescott Valley, AZZIP-level data

1BR range: $1,410–$1,410/mo

Raleigh, NCZIP-level data

1BR range: $1,400–$1,880/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

$7,567

Monthly in Raleigh, NC

$162

Difference

Home Values

Prescott Valley

Raleigh

$428K

Median Value

$512K

↑ +0.6%

YoY Change

↓ -0.5%

↑ +31.5%

5-Year Change

↑ +38.2%

$428K

Price Range

$314K - $992K

Homes in Raleigh are 19% more expensive than Prescott Valley

Calculate payment - Prescott Valley Calculate payment - Raleigh

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $1.9K

More taxes

Monthly Difference

$158

Less take-home

Effective Rate Diff

1.3%

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

Raleigh, NC

Federal Income Tax

Effective: 18.9%

$25.5K

North Carolina State Tax

Effective: 4.8%

$7.1K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.4%

$44.1K

Take-Home Pay

$8,822/month

$105.9K

Additional Tax Information

Prescott Valley, AZ Tax Rates

Sales Tax:8.5%

Property Tax:0.6%

Raleigh, NC Tax Rates

Sales Tax:7.1%

Property Tax:0.8%

💡 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.