CostIndexUSA

Baltimore, MD vs Prescott, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MD
Baltimore
104.5
overall index
$1,850/mo rent
More AffordableAZ
Prescott
98.3
overall index
$1,475/mo rent

Prescott is moderately cheaper than Baltimore — 5.9% lower overall cost of living.

To match an $80,000 salary in Baltimore, you would need $75,300 in Prescott. Calculate your salary ↓

Category Breakdown

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

🏠 Housing16.4%
Baltimore
118.2
Prescott
98.8
🛒 Groceries6.1%
Baltimore
102.4
Prescott
96.2
🚗 Transportation1.7%
Baltimore
106.6
Prescott
104.8
🏥 Healthcare1.7%
Baltimore
96.4
Prescott
94.8
Utilities17.0%
Baltimore
110.2
Prescott
91.5

Salary Equivalency Calculator

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

$
Equivalent salary in Prescott, AZ
$75,300
$4,700 less needed in Prescott

Formula: salary × (98.3 ÷ 104.5) = salary × 0.9407. Based on BEA Regional Price Parities.

Housing Market

Baltimore, MD

Median Home Price
$391,000
Median Monthly Rent
$1,850
Housing Index
118.2
Price-to-Rent Ratio
17.6×

Prescott, AZ

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

Baltimore has 16.4% lower housing costs compared to Prescott.

Income & Job Market

Baltimore, MD

Median Household Income
$94,300
Per Capita Income
$53,800
Unemployment Rate
3.8%
Population
585,708
Top Industries
HealthcareGovernmentFinanceEducationManufacturing

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).

Baltimore, MD
4.2×income-to-rent ratio

76% 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.