Cost of Living: Prescott, AZ vs Danville, KY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Prescott Danville
Housing Index 110.0 75.0
Median Home Price $531,000 $187,000
Average Rent (2 BR Apartment) $1800 $960
Average Rent (2 BR House) $1840 $1024

Housing Comparison: Prescott vs Danville

  • In Prescott, the median home price is higher at $531,000, while in Danville it is $187,000.
  • In Danville, the rental for a two-bedroom apartment stands at $960, while it is $1,800 in Prescott.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Prescott Danville
Electricity Price $15.14 $12.87
Natural Gas Price $23.51 $22.78
Other Utilities $250 $200

Utilities Comparison: Prescott vs Danville

  • Electricity costs are higher in Prescott at $15.14 per kWh, compared to $12.87 in Danville.
  • Natural gas is more expensive in Prescott at $23.51 per unit, while it is cheaper at $22.78 in Danville.
  • Other utility costs are higher in Prescott at an average of $250, compared to Danville with $200.