Avondale, AZ vs Prescott, AZ

Avondale, AZ and Prescott, AZ have a very similar cost of living, with only a 1.2% difference in their overall index. Avondale scores 118 while Prescott scores 116 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Avondale is $1,731/month compared to $1,304/month in Prescott — a 33% difference. Interestingly, home values tell a different story: while Prescott has cheaper rent, Avondale actually has lower median home values ($348,700 vs $528,500).

Median household income in Avondale is $81,260 compared to $69,151 in Prescott (+17.5%). While Avondale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Avondale spend roughly 25.6% of their income on rent, more than the 22.6% in Prescott.