Buckeye, AZ vs Prescott, AZ
Buckeye, AZ and Prescott, AZ have a very similar cost of living, with only a 4% difference in their overall index. Buckeye scores 121 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 Buckeye is $1,742/month compared to $1,304/month in Prescott — a 34% difference. Interestingly, home values tell a different story: while Prescott has cheaper rent, Buckeye actually has lower median home values ($384,100 vs $528,500).
Median household income in Buckeye is $98,778 compared to $69,151 in Prescott (+42.8%). While Buckeye is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Buckeye spend roughly 21.2% of their income on rent, less than the 22.6% in Prescott.
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