Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Prescott, AZ

For one person, living costs are similar in Austin, TX and in Prescott, AZ: $2,698 and $2,700 a month, rent and utilities included.

129

Cost of Living Index in Austin, TX
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Austin, TX Living Index
130

Cost of Living Index in Prescott, AZ
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Prescott, AZ Living Index

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Austin, TX

🇺🇸 United States

$2,698

/mo nomad

Prescott, AZ

🇺🇸 United States

$2,700

/mo nomad

Monthly Cost of Living

How much you'll spend in Austin, TX and in Prescott, AZ

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Austin, TX and in Prescott, AZ actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,698 in Austin, TX versus $2,700 in Prescott, AZ.

Austin, TX $2,698
Prescott, AZ $2,700

Estimated couple costs with rent: $4,160 in Austin, TX versus $3,713 in Prescott, AZ.

Austin, TX $4,160
Prescott, AZ $3,713

Monthly costs for a family of three with rent: $5,622 in Austin, TX versus $4,725 in Prescott, AZ.

Austin, TX $5,622
Prescott, AZ $4,725

Monthly costs are close between Austin, TX and Prescott, AZ; which city is cheaper depends on the spending category.

Both cities are pricier than the global median: Austin, TX 99% above, Prescott, AZ 99% above.

Meal at Budget Restaurant

$20.63 $20.63

$17.46 $17.46

18.16%

Three-Course Dinner for Two, Mid-Range

$84.6 $84.6

$73.0 $73.0

15.91%

Fast Food Meal (McDonalds, etc)

$12.07 $12.07

$12.79 $12.79

-5.63%

Cappuccino

$5.48 $5.48

$5.34 $5.34

2.62%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.80 $3.80

$1.72 $1.72

120.93%

Water (0.33 liter bottle)

$2.47 $2.47

$1.67 $1.67

47.90%

Local Beer (0.5 liter draught)

$8.05 $8.05

$6.59 $6.59

22.15%

Imported Beer (0.33 liter bottle)

$8.88 $8.88

$7.42 $7.42

19.68%

Milk (1 liter)

$1.11 $1.11

$0.95 $0.95

16.84%

White Bread (500g)

$3.72 $3.72

$3.25 $3.25

14.46%

Rice (white) (1kg)

$3.37 $3.37

$4.97 $4.97

-32.19%

Eggs

$4.32 $4.32

$4.72 $4.72

-8.47%

Local Cheese (1kg)

$13.13 $13.13

$13.77 $13.77

-4.65%

Chicken Fillets (1kg)

$14.15 $14.15

$11.43 $11.43

23.80%

Beef Round Steak (1kg)

$16.33 $16.33

$17.05 $17.05

-4.22%

Apples (1kg)

$4.55 $4.55

$4.40 $4.40

3.41%

Banana (1kg)

$1.46 $1.46

$1.26 $1.26

15.87%

Oranges (1kg)

$4.71 $4.71

$3.89 $3.89

21.08%

Tomato (1kg)

$4.15 $4.15

$3.80 $3.80

9.21%

Potato (1kg)

$2.58 $2.58

$2.50 $2.50

3.20%

Onion (1kg)

$2.35 $2.35

$2.93 $2.93

-19.80%

Lettuce (1 head)

$1.77 $1.77

$2.09 $2.09

-15.31%

Water (1.5 liter bottle)

$2.14 $2.14

$2.13 $2.13

0.47%

Cigarettes 20 Pack (Marlboro, Camel)

$10.10 $10.10

$10.99 $10.99

-8.10%

Wine (Bottle)

$15.19 $15.19

$12.93 $12.93

17.48%

Local Beer (0.5 liter bottle)

$2.82 $2.82

$1.70 $1.70

65.88%

Imported Beer (0.33 liter bottle)

$3.44 $3.44

$3.62 $3.62

-4.97%

One-way Ticket (Public Transport)

$1.54 $1.54

Public Transport Monthly Pass (Regular Price)

$40.99 $40.99

Taxi Start (Normal Tariff)

$2.80 $2.80

$2.68 $2.68

4.48%

Taxi (Normal Tariff) (1km)

$1.60 $1.60

$1.34 $1.34

19.40%

Taxi 1hour Waiting (Normal Tariff)

$34.34 $34.34

$35.82 $35.82

-4.13%

Gasoline (1 liter)

$0.94 $0.94

$1.00 $1.00

-6.00%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.0K $34.0K

$36.0K $36.0K

-5.59%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.8K $26.8K

$26.0K $26.0K

3.02%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$223 $223

$195 $195

14.20%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$58.9 $58.9

$48.50 $48.50

21.44%

Internet (50+ Mbps, Unlimited Data)

$70.6 $70.6

$74.9 $74.9

-5.80%

Gym Membership (Monthly)

$57.7 $57.7

$50.7 $50.7

13.81%

Tennis Court (1 Hour on Weekend)

$16.53 $16.53

Cinema Ticket

$14.26 $14.26

$12.57 $12.57

13.44%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,511 $1,511

$369 $369

309.36%

International Primary School, 1 Child (Yearly)

$20.9K $20.9K

$15.4K $15.4K

35.89%

Jeans (Levis 501 Or Similar)

$51.3 $51.3

$56.1 $56.1

-8.56%

Summer Dress (H&M, Zara, etc)

$44.17 $44.17

$43.35 $43.35

1.89%

Sport Shoes (Adidas, Nike)

$87.0 $87.0

$82.4 $82.4

5.61%

Men's Leather Business Shoes

$104 $104

$112 $112

-6.91%

1-bedroom Apartment, City Center (Monthly)

$1,940 $1,940

$1,380 $1,380

40.64%

1-bedroom Apartment, Outside City Center (Monthly)

$1,316 $1,316

$1,478 $1,478

-10.91%

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

$2,436 $2,436

50.44%

3-bedroom Apartment, Outside City Center (Monthly)

$2,565 $2,565

$2,039 $2,039

25.84%

Buy Apartment in City Center (m2)

$7,354 $7,354

$4,387 $4,387

67.64%

Buy Apartment Outside City Center (m2)

$3,129 $3,129

$3,715 $3,715

-15.77%

Average Monthly Net Salary (After Tax)

$5,286 $5,286

$3,946 $3,946

33.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

6.22

9.16%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Austin, TX: October 19, 2026

Last update for Prescott, AZ: October 19, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Austin, TX

$1.3K 48.8%

Prescott, AZ

$1.5K 54.7% 12.3% $161

Groceries & Markets

Austin, TX

$406 15.1%

Prescott, AZ

$383 14.2% 5.6% $23

Monthly Utilities & Internet

Austin, TX

$352 13.1%

Prescott, AZ

$318 11.8% 9.6% $34

Eating Out

Austin, TX

$350 13%

Prescott, AZ

$303 11.2% 13.3% $47

Clothing & Footwear

Austin, TX

$129 4.8%

Prescott, AZ

$132 4.9% 2.5% $3.2

Sport & Entertainment

Austin, TX

$86 3.2%

Prescott, AZ

$76 2.8% 12% $10

Getting Around

Austin, TX

$58 2.2%

Prescott, AZ

$9.4 * 0.4% 83.8% $49

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,940 in Austin, TX and $1,380 in Prescott, AZ. Housing cost is often the main lever when comparing two cities.

Austin, TX pays 34% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $85.0 in Austin, TX vs $73.0 in Prescott, AZ for a mid-range dinner for two. Groceries echo the gap at $406 vs $383 per month, with Prescott, AZ cheaper across the board.

Good to know

🇺🇸 Austin, TX

🇺🇸 Prescott, AZ

🕒 Local time

10:15 10:15 AM

08:15 8:15 AM

2 h behind Austin, TX

🌤 Weather

👥 Population

974,447

45,827

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Austin, TX Prescott, AZ 1,460 km ≈ 2 h 15 min nonstop flight

From you

Austin, TX
Prescott, AZ

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Austin, TX vs Prescott, AZ: Cost of Living - Frequently Asked Questions

Average pay runs 34% higher in Austin, TX, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,940 in Austin, TX versus $1,380 in Prescott, AZ. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Prescott, AZ pay roughly 6% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

Dining out is cheaper in Austin, TX – a meal for two runs $85.0 versus $73.0 in Prescott, AZ. If you eat out regularly, this makes a real dent in your monthly spending.

At $2,698 in Austin, TX versus $2,700 in Prescott, AZ, a $2,000 budget is realistic in Austin, TX but tight or insufficient in Prescott, AZ. The gap between the two cities makes Austin, TX the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Austin, TX wins on affordability, Prescott, AZ on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.