CostIndexUSA

Little Rock, AR vs Prescott, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableAR
Little Rock
89.4
overall index
$1,200/mo rent
AZ
Prescott
98.3
overall index
$1,475/mo rent

Little Rock is moderately cheaper than Prescott — 10.0% lower overall cost of living.

To match an $80,000 salary in Little Rock, you would need $88,000 in Prescott. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+44.7%
Little Rock
68.3
Prescott
98.8
🛒 Groceries+2.8%
Little Rock
93.6
Prescott
96.2
🚗 Transportation+4.7%
Little Rock
100.1
Prescott
104.8
🏥 Healthcare+4.8%
Little Rock
90.5
Prescott
94.8
Utilities+22.7%
Little Rock
74.6
Prescott
91.5

Salary Equivalency Calculator

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

$
Equivalent salary in Prescott, AZ
$88,000
$8,000 more needed in Prescott

Formula: salary × (98.3 ÷ 89.4) = salary × 1.0996. Based on BEA Regional Price Parities.

Housing Market

Little Rock, AR

Median Home Price
$222,000
Median Monthly Rent
$1,200
Housing Index
68.3
Price-to-Rent Ratio
15.4×

Prescott, AZ

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

Prescott has 44.7% higher housing costs compared to Little Rock.

Income & Job Market

Little Rock, AR

Median Household Income
$66,200
Per Capita Income
$37,700
Unemployment Rate
3.4%
Population
202,591
Top Industries
GovernmentHealthcareRetailFinanceManufacturing

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).

Little Rock, AR
4.6×income-to-rent ratio

78% 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.