CostIndexUSA

Bloomington, IN vs Prescott, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIN
Bloomington
95.1
overall index
$1,550/mo rent
AZ
Prescott
98.3
overall index
$1,475/mo rent

Bloomington is slightly cheaper than Prescott — 3.4% lower overall cost of living.

To match an $80,000 salary in Bloomington, you would need $82,700 in Prescott. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+15.4%
Bloomington
85.6
Prescott
98.8
🛒 Groceries+2.0%
Bloomington
94.3
Prescott
96.2
🚗 Transportation+0.7%
Bloomington
104.1
Prescott
104.8
🏥 Healthcare+0.6%
Bloomington
94.2
Prescott
94.8
Utilities+5.8%
Bloomington
86.5
Prescott
91.5

Salary Equivalency Calculator

Enter your current salary in Bloomington to see what you'd need to earn in Prescott to maintain the same purchasing power.

$
Equivalent salary in Prescott, AZ
$82,700
$2,700 more needed in Prescott

Formula: salary × (98.3 ÷ 95.1) = salary × 1.0336. Based on BEA Regional Price Parities.

Housing Market

Bloomington, IN

Median Home Price
$288,000
Median Monthly Rent
$1,550
Housing Index
85.6
Price-to-Rent Ratio
15.5×

Prescott, AZ

Median Home Price
$405,000
Median Monthly Rent
$1,475
Housing Index
98.8
Price-to-Rent Ratio
22.9×

Prescott has 15.4% higher housing costs compared to Bloomington.

Income & Job Market

Bloomington, IN

Median Household Income
$58,700
Per Capita Income
$33,500
Unemployment Rate
4.4%
Population
79,168
Top Industries
EducationHealthcareTechnologyGovernmentRetail

Prescott, AZ

Median Household Income
$67,200
Per Capita Income
$38,300
Unemployment Rate
4.2%
Population
45,827
Top Industries
HealthcareTourismRetailGovernmentReal Estate

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bloomington, IN
3.2×income-to-rent ratio

68% of income left after rent (median)

Prescott, AZ
3.8×income-to-rent ratio

74% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.