CostIndexUSA

Hartford, CT vs Prescott, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CT
Hartford
102.7
overall index
$1,875/mo rent
More AffordableAZ
Prescott
98.3
overall index
$1,475/mo rent

Prescott is slightly cheaper than Hartford — 4.3% lower overall cost of living.

To match an $80,000 salary in Hartford, you would need $76,600 in Prescott. Calculate your salary ↓

Category Breakdown

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

🏠 Housing10.3%
Hartford
110.2
Prescott
98.8
🛒 Groceries1.1%
Hartford
97.3
Prescott
96.2
🚗 Transportation2.8%
Hartford
107.8
Prescott
104.8
🏥 Healthcare2.8%
Hartford
97.5
Prescott
94.8
Utilities36.9%
Hartford
144.9
Prescott
91.5

Salary Equivalency Calculator

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

$
Equivalent salary in Prescott, AZ
$76,600
$3,400 less needed in Prescott

Formula: salary × (98.3 ÷ 102.7) = salary × 0.9572. Based on BEA Regional Price Parities.

Housing Market

Hartford, CT

Median Home Price
$377,000
Median Monthly Rent
$1,875
Housing Index
110.2
Price-to-Rent Ratio
16.8×

Prescott, AZ

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

Hartford has 10.3% lower housing costs compared to Prescott.

Income & Job Market

Hartford, CT

Median Household Income
$92,200
Per Capita Income
$52,600
Unemployment Rate
4.3%
Population
121,054
Top Industries
FinanceInsuranceHealthcareGovernmentEducation

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).

Hartford, CT
4.1×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.