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Cost & Benefits

Cost of living in Prescott, Arizona

Simple answer

Typical rent is $1,395 a month.

Prescott is a city in Arizona. That rent number includes utilities. A typical household earns $70,874 a year.

Is Prescott affordable?See benefits in Prescott
People
47,400
Census average, 2020–2024
Typical rent
$1,395
Median gross rent, includes utilities
Typical pay
$70,874
Median household income, yearly
Typical home
$564,100
Median home value
2-bedroom fair rent
$1,550
Prescott Valley-Prescott, AZ MSA

Prescott, Arizona has about 47,400 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $564,100.

HUD's fair-market rent for a 2-bedroom in Yavapai County is $1,550 a month. That is the county number, not an apartment listing in Prescott. It runs from October 2026 through September 2027.

In the Prescott Valley-Prescott, AZ metro area, prices sit at 98.3 when the U.S. average is 100. That is a 2024 BEA index.

Arizona taxes wages. A typical combined sales tax is 8.5% as of January 1, 2026. That mix is statewide, not Prescott's exact store tax.

In July 2026, a typical Arizona home paid 15.38¢ per kilowatt-hour. That is a state average from EIA, not Prescott's bill.

EIA did not publish a 2025 all-grades gas price for Arizona in the table we use.

Among 171 places we list in Arizona with a rent figure, 47 have higher typical rent than Prescott.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near PrescottWhat EBT can buy in Arizona

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Arizona

Bigger places in Arizona

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.