Cost of Living: Prescott, AZ vs Hampton, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Prescott | Hampton |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $531,000 | $305,000 |
| Average Rent (2 BR Apartment) | $1800 | $1300 |
| Average Rent (2 BR House) | $1840 | $1200 |
Housing Comparison: Prescott vs Hampton
- In Prescott, the median home price is higher at $531,000, while in Hampton it is $305,000.
- Renting a two-bedroom apartment costs more in Prescott at $1,800 than in Hampton at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Prescott | Hampton |
|---|---|---|
| Electricity Price | $15.14 | $15.31 |
| Natural Gas Price | $23.51 | $19.91 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Prescott vs Hampton
- Hampton has higher electricity costs at $15.31 per kWh, versus $15.14 in Prescott.
- Natural gas is more expensive in Prescott at $23.51 per unit, while it is cheaper at $19.91 in Hampton.
- Utility expenses are equal in both Prescott and Hampton averaging $250.