Binghamton → Prescott Valley-Prescott
Relocation analysis based on 7 federal data sources
Pros of Moving
- + More affordable childcare
Cons of Moving
- - 5% higher cost of living
- - $534/mo more expensive rent (2BR)
- - $9K lower median salary
- - Higher student-teacher ratios
Moving from Binghamton to Prescott Valley-Prescott shifts your BEA Regional Price Parity from 92.9 to 98.3 (100 = US average), so a Binghamton salary needs to be multiplied by 1.06 to hold the same purchasing power in Prescott Valley-Prescott. On rent, HUD Fair Market Rent for a 2-bedroom goes from $1,103/month in Binghamton to $1,637/month in Prescott Valley-Prescott - a higher monthly bill of $534, or $6,408/year. That rent delta alone is often the single biggest line item when relocating.
Wages tell the other half. BLS Occupational Employment and Wage Statistics report a median salary of $70,400 in Binghamton versus $61,824 in Prescott Valley-Prescott - a raw gap of $8,576 lower. The Prescott Valley-Prescott labor market has 65,740 tracked jobs against 89,220 in Binghamton, shaping how easy it is to find a comparable role. Combine that with the cost-of-living shift above and you get the real purchasing-power delta, sometimes a "higher salary" is actually a pay cut once rent and RPP are applied.
Safety, schools, and childcare round out the move. FBI UCR violent crime rates near Binghamton and Prescott Valley-Prescott are 380 and 429 per 100,000 (state-level). NCES student-teacher ratios run 11.8:1 at origin versus 17:1 at destination. DOL center-based infant care costs $13,869/year in Binghamton versus $11,301/year in Prescott Valley-Prescott. Our composite verdict - Unfavorable - weighs all seven federal sources; the dimension table below lets you override that with your personal priorities.
Salary Adjustment Calculator
Enter your current salary in Binghamton to see what you'd need to earn in Prescott Valley-Prescott to maintain the same purchasing power.
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Frequently Asked Questions
Is Prescott Valley-Prescott more expensive than Binghamton?
What are salaries like in Prescott Valley-Prescott compared to Binghamton?
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What does the "Unfavorable" verdict mean?
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Source: BEA Regional Price Parities, HUD Fair Market Rents, BLS OES, FBI UCR, NCES, DOL, EPA June 2026
Data Sources
- Cost of Living: Bureau of Economic Analysis (BEA) Regional Price Parities
- Rent: HUD Fair Market Rents (FMR)
- Wages: Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OES)
- Crime: FBI Uniform Crime Reporting (UCR) - state level
- Schools: National Center for Education Statistics (NCES)
- Childcare: Department of Labor (DOL) - state level
- Environment: Environmental Protection Agency (EPA)
Read our methodology - how this data is sourced, computed, and verified.