Cost of Living: Prescott, AZ vs Valley, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Prescott | Valley |
|---|---|---|
| Housing Index | 110.0 | 70.0 |
| Median Home Price | $531,000 | $203,000 |
| Average Rent (2 BR Apartment) | $1800 | $800 |
| Average Rent (2 BR House) | $1840 | $850 |
Housing Comparison: Prescott vs Valley
- In Prescott, the median home price is higher at $531,000, while in Valley it is $203,000.
- In Valley, the rental for a two-bedroom apartment stands at $800, 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 | Valley |
|---|---|---|
| Electricity Price | $15.14 | $15.03 |
| Natural Gas Price | $23.51 | $21.76 |
| Other Utilities | $250 | $180 |
Utilities Comparison: Prescott vs Valley
- Electricity costs are higher in Prescott at $15.14 per kWh, compared to $15.03 in Valley.
- Natural gas is more expensive in Prescott at $23.51 per unit, while it is cheaper at $21.76 in Valley.
- Other utility costs are higher in Prescott at an average of $250, compared to Valley with $180.