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Flowing Wells, AZ vs Prescott, AZ

72
Flowing Wells
Arizona
VS
-38.5%
116
Prescott
Arizona

The cost of living difference between Flowing Wells, AZ and Prescott, AZ is dramatic. Flowing Wells is 38.5% cheaper than Prescott, a gap that translates to thousands of dollars per year in household expenses. Flowing Wells has a cost index of 72 while Prescott sits at 116, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Flowing Wells is $1,123/month compared to $1,304/month in Prescott — a 14% difference. Home values follow the same pattern: Flowing Wells is more affordable at $51,800 median vs $528,500.

Median household income in Flowing Wells is $40,769 compared to $69,151 in Prescott (-41%). While Prescott is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Flowing Wells spend roughly 33.1% of their income on rent, more than the 22.6% in Prescott. The Prescott ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Flowing Wells
72
39% cheaper
Prescott
116
Median Household Income
Flowing Wells
$40,769
Prescott
$69,151
41% higher

Housing

Median Rent
Flowing Wells
$1,123
14% cheaper
Prescott
$1,304
Median Home Value
Flowing Wells
$51,800
90% cheaper
Prescott
$528,500
Population
Flowing Wells
16,989
Prescott
46,744

Salary Equivalency Calculator

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Rent by Bedroom Size

HUD Fair Market Rent (FY 2026) — metro area average

Studio
Flowing Wells $1,072
Prescott $1,190
10% cheaper
1 Bed
Flowing Wells $1,198
Prescott $1,300
8% cheaper
2 Bed
Flowing Wells $1,544
Prescott $1,530
1% cheaper
3 Bed
Flowing Wells $2,146
Prescott $2,070
4% cheaper
4 Bed
Flowing Wells $2,462
Prescott $2,350
5% cheaper

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Flowing Wells $2.97
Prescott $2.97
US $3.07
🥚
Eggs (grade A, large)
Flowing Wells $2.42
Prescott $2.42
US $2.50
🥛
Milk (whole)
Flowing Wells $3.90
Prescott $3.90
US $4.03
🍞
Bread (white)
Flowing Wells $1.79
Prescott $1.79
US $1.85
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Chicken breast
Flowing Wells $4.01
Prescott $4.01
US $4.14
Electricity
Flowing Wells $0.16
Prescott $0.16
US $0.19