Goodyear, AZ vs Prescott, AZ
Prescott is moderately more affordable than Goodyear, with a 10.8% lower cost of living index. Goodyear scores 129 compared to 116 for Prescott, where the US average is 100. This difference means residents of Goodyear can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Goodyear is $1,848/month compared to $1,304/month in Prescott — a 42% difference. Interestingly, home values tell a different story: while Prescott has cheaper rent, Goodyear actually has lower median home values ($441,900 vs $528,500).
Median household income in Goodyear is $101,814 compared to $69,151 in Prescott (+47.2%). While Goodyear is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goodyear spend roughly 21.8% of their income on rent, less than the 22.6% in Prescott.
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