Prescott, AZ vs Yuma, AZ

The cost of living difference between Prescott, AZ and Yuma, AZ is dramatic. Yuma is 43.8% cheaper than Prescott, a gap that translates to thousands of dollars per year in household expenses. Prescott has a cost index of 116 while Yuma sits at 81, 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 Prescott is $1,304/month compared to $1,085/month in Yuma — a 20% difference. Home values follow the same pattern: Yuma is more affordable at $209,100 median vs $528,500.

Median household income in Prescott is $69,151 compared to $62,546 in Yuma (+10.6%). Prescott does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Prescott spend roughly 22.6% of their income on rent, more than the 20.8% in Yuma.