Last update: Oct 2026

Cost of Living Comparison Between New York, NY and Prescott, AZ

For one person, living is cheaper in Prescott, AZ: $2,700 a month against $4,938 in New York, NY, rent and utilities included – about $26,900 less a year. Rent and utilities account for most of the difference.

239

Cost of Living Index in New York, NY
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New York, NY Living Index
130

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

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New York, NY

🇺🇸 United States

$4,938

/mo nomad

Prescott, AZ

🇺🇸 United States

$2,700

/mo nomad

Monthly Cost of Living

How much you'll spend in New York, NY 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 New York, NY and in Prescott, AZ actually costs, broken down by who's living it.

A single person spends $4,938 per month in New York, NY vs $2,700 in Prescott, AZ, rent included.

New York, NY $4,938
Prescott, AZ $2,700

A couple spends around $7,273 per month in New York, NY vs $3,713 in Prescott, AZ, rent included.

New York, NY $7,273
Prescott, AZ $3,713

A family of three spends $9,608 per month in New York, NY vs $4,725 in Prescott, AZ, rent included.

New York, NY $9,608
Prescott, AZ $4,725

New York, NY costs about 83% more than Prescott, AZ, and outside of rent the biggest gap is in groceries.

Both New York, NY and Prescott, AZ sit above the global median – New York, NY by 264%, Prescott, AZ by 99%.

Meal at Budget Restaurant

$24.99 $24.99

$17.46 $17.46

43.13%

Three-Course Dinner for Two, Mid-Range

$120 $120

$73.0 $73.0

64.84%

Fast Food Meal (McDonalds, etc)

$13.74 $13.74

$12.79 $12.79

7.43%

Cappuccino

$6.60 $6.60

$5.34 $5.34

23.60%

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

$3.82 $3.82

$1.72 $1.72

122.09%

Water (0.33 liter bottle)

$2.87 $2.87

$1.67 $1.67

71.86%

Local Beer (0.5 liter draught)

$7.95 $7.95

$6.59 $6.59

20.64%

Imported Beer (0.33 liter bottle)

$10.06 $10.06

$7.42 $7.42

35.58%

Milk (1 liter)

$1.37 $1.37

$0.95 $0.95

44.21%

White Bread (500g)

$4.75 $4.75

$3.25 $3.25

46.15%

Rice (white) (1kg)

$7.69 $7.69

$4.97 $4.97

54.73%

Eggs

$5.87 $5.87

$4.72 $4.72

24.36%

Local Cheese (1kg)

$19.25 $19.25

$13.77 $13.77

39.80%

Chicken Fillets (1kg)

$17.83 $17.83

$11.43 $11.43

55.99%

Beef Round Steak (1kg)

$19.03 $19.03

$17.05 $17.05

11.61%

Apples (1kg)

$6.69 $6.69

$4.40 $4.40

52.05%

Banana (1kg)

$2.29 $2.29

$1.26 $1.26

81.75%

Oranges (1kg)

$6.41 $6.41

$3.89 $3.89

64.78%

Tomato (1kg)

$6.75 $6.75

$3.80 $3.80

77.63%

Potato (1kg)

$3.93 $3.93

$2.50 $2.50

57.20%

Onion (1kg)

$4.52 $4.52

$2.93 $2.93

54.27%

Lettuce (1 head)

$2.79 $2.79

$2.09 $2.09

33.49%

Water (1.5 liter bottle)

$2.51 $2.51

$2.13 $2.13

17.84%

Cigarettes 20 Pack (Marlboro, Camel)

$18.10 $18.10

$10.99 $10.99

64.70%

Wine (Bottle)

$20.16 $20.16

$12.93 $12.93

55.92%

Local Beer (0.5 liter bottle)

$3.26 $3.26

$1.70 $1.70

91.76%

Imported Beer (0.33 liter bottle)

$3.75 $3.75

$3.62 $3.62

3.59%

One-way Ticket (Public Transport)

$2.92 $2.92

Public Transport Monthly Pass (Regular Price)

$143 $143

Taxi Start (Normal Tariff)

$3.06 $3.06

$2.68 $2.68

14.18%

Taxi (Normal Tariff) (1km)

$2.16 $2.16

$1.34 $1.34

61.19%

Taxi 1hour Waiting (Normal Tariff)

$41.33 $41.33

$35.82 $35.82

15.38%

Gasoline (1 liter)

$1.12 $1.12

$1.00 $1.00

12.00%

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

$33.1K $33.1K

$36.0K $36.0K

-7.96%

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

$25.7K $25.7K

$26.0K $26.0K

-1.01%

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

$219 $219

$195 $195

12.48%

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

$75.3 $75.3

$48.50 $48.50

55.32%

Internet (50+ Mbps, Unlimited Data)

$70.5 $70.5

$74.9 $74.9

-5.91%

Gym Membership (Monthly)

$116 $116

$50.7 $50.7

127.81%

Tennis Court (1 Hour on Weekend)

$67.6 $67.6

Cinema Ticket

$21.37 $21.37

$12.57 $12.57

70.01%

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

$3,432 $3,432

$369 $369

829.82%

International Primary School, 1 Child (Yearly)

$61.7K $61.7K

$15.4K $15.4K

301.14%

Jeans (Levis 501 Or Similar)

$74.9 $74.9

$56.1 $56.1

33.55%

Summer Dress (H&M, Zara, etc)

$52.1 $52.1

$43.35 $43.35

20.28%

Sport Shoes (Adidas, Nike)

$117 $117

$82.4 $82.4

41.67%

Men's Leather Business Shoes

$135 $135

$112 $112

20.11%

1-bedroom Apartment, City Center (Monthly)

$4,347 $4,347

$1,380 $1,380

215.13%

1-bedroom Apartment, Outside City Center (Monthly)

$3,117 $3,117

$1,478 $1,478

110.95%

3-bedroom Apartment, City Center (Monthly)

$9,110 $9,110

$2,436 $2,436

274.03%

3-bedroom Apartment, Outside City Center (Monthly)

$5,379 $5,379

$2,039 $2,039

163.89%

Buy Apartment in City Center (m2)

$19.3K $19.3K

$4,387 $4,387

339.51%

Buy Apartment Outside City Center (m2)

$6,943 $6,943

$3,715 $3,715

86.89%

Average Monthly Net Salary (After Tax)

$5,238 $5,238

$3,946 $3,946

32.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.85

6.22

10.13%

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

Last update for New York, NY: October 17, 2026

Last update for Prescott, AZ: October 19, 2026

Monthly budget structure

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

Accommodation & Living

New York, NY

$3.1K 63.1%

Prescott, AZ

$1.5K 54.7% 52.6% $1.6K

Groceries & Markets

New York, NY

$552 11.2%

Prescott, AZ

$383 14.2% 30.6% $169

Eating Out

New York, NY

$407 8.2%

Prescott, AZ

$303 11.2% 25.4% $103

Monthly Utilities & Internet

New York, NY

$365 7.4%

Prescott, AZ

$318 11.8% 12.8% $47

Clothing & Footwear

New York, NY

$170 3.5%

Prescott, AZ

$132 4.9% 22.3% $38

Getting Around

New York, NY

$168 3.4%

Prescott, AZ

$9.4 * 0.4% 94.4% $159

Sport & Entertainment

New York, NY

$158 3.2%

Prescott, AZ

$76 2.8% 52.1% $82

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

Cost Breakdown

A central one-bedroom costs $4,347 in New York, NY versus $1,380 in Prescott, AZ. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 33% higher in New York, NY, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $120 in New York, NY versus $73.0 in Prescott, AZ. Monthly groceries follow the same trend: $552 vs $383 – making Prescott, AZ the more affordable choice for daily food spending.

Good to know

🇺🇸 New York, NY

🇺🇸 Prescott, AZ

🕒 Local time

08:36 8:36 AM

05:36 5:36 AM

3 h behind New York, NY

🌤 Weather

👥 Population

8,804,190

45,827

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

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Between locations

New York, NY Prescott, AZ 3,410 km ≈ 4 h 45 min nonstop flight

From you

New York, NY
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

New York, NY vs Prescott, AZ: Cost of Living - Frequently Asked Questions

New York, NY costs about 83% more than Prescott, AZ, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $7,407 per month in New York, NY and $4,050 in Prescott, AZ. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Prescott, AZ, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $4,938 in New York, NY and $2,700 in Prescott, AZ. That's a gap of about 83%.

Kindergarten costs $3,432 per month in New York, NY and $369 in Prescott, AZ. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Prescott, AZ, where all-in costs run around $2,700, than in New York, NY at $4,938. In Prescott, AZ it covers expenses comfortably, while in New York, NY it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Prescott, AZ costs $2,700 versus $4,938 in New York, NY. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

If budget matters most, go with Prescott, AZ. If higher salaries, better infrastructure, or specific career opportunities are the priority, New York, NY makes more sense. Both are solid long-term options with distinct trade-offs.