CostIndexUSA

Corvallis, OR vs Prescott, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Corvallis
104
overall index
$1,950/mo rent
More AffordableAZ
Prescott
98.3
overall index
$1,475/mo rent

Prescott is moderately cheaper than Corvallis — 5.5% lower overall cost of living.

To match an $80,000 salary in Corvallis, you would need $75,600 in Prescott. Calculate your salary ↓

Category Breakdown

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

🏠 Housing13.6%
Corvallis
114.4
Prescott
98.8
🛒 Groceries8.6%
Corvallis
105.3
Prescott
96.2
🚗 Transportation≈ Equal
Corvallis
105.3
Prescott
104.8
🏥 Healthcare≈ Equal
Corvallis
95.3
Prescott
94.8
Utilities15.7%
Corvallis
108.6
Prescott
91.5

Salary Equivalency Calculator

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

$
Equivalent salary in Prescott, AZ
$75,600
$4,400 less needed in Prescott

Formula: salary × (98.3 ÷ 104) = salary × 0.9452. Based on BEA Regional Price Parities.

Housing Market

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Prescott, AZ

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

Corvallis has 13.6% lower housing costs compared to Prescott.

Income & Job Market

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

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).

Corvallis, OR
3.1×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.