Binghamton Prescott Valley-Prescott

Relocation analysis based on 7 federal data sources

Verdict
Unfavorable
Cost Index: 92.9 → 98.3
Rent Delta: +$534/mo

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.

Dimension
Binghamton
Prescott Valley-Prescott
Winner
💰 Cost of Living
RPP 92.9
RPP 98.3
Binghamton
🏠 Rent (2BR)
$1,103/mo
$1,637/mo
Binghamton
💼 Wages
$70,400
$61,824
Binghamton
🔒 Crime
380 per 100K
429 per 100K
Binghamton
🎓 Schools
11.8:1
17:1
Binghamton
👶 Childcare
$13,869/yr
$11,301/yr
Prescott Valley-Prescott
🌿 Environment
5270 violations
4821 violations
Prescott Valley-Prescott

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.

Equivalent salary in Prescott Valley-Prescott
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Frequently Asked Questions

Is Prescott Valley-Prescott more expensive than Binghamton?
Prescott Valley-Prescott has an RPP of 98.3 compared to Binghamton's 92.9 (100 = national average). Prescott Valley-Prescott is more expensive overall. The 2BR rent in Prescott Valley-Prescott is $1,637/mo vs $1,103/mo in Binghamton.
What are salaries like in Prescott Valley-Prescott compared to Binghamton?
The median salary in Prescott Valley-Prescott is $61,824 compared to $70,400 in Binghamton. That's a -$8,576 difference.
Is Prescott Valley-Prescott safer than Binghamton?
The violent crime rate near Prescott Valley-Prescott is 429 per 100K vs 380 per 100K near Binghamton (state-level data). Binghamton has a lower crime rate.
How much would I need to earn in Prescott Valley-Prescott to match my Binghamton salary?
To maintain the same purchasing power, multiply your Binghamton salary by 1.06. For example, a $75,000 salary in Binghamton would need to be $79,355 in Prescott Valley-Prescott. Use the salary calculator above for your exact figure.
What does the "Unfavorable" verdict mean?
The verdict is computed from 7 dimensions, cost of living, rent, wages, crime, schools, childcare, and environment, using federal data. "Unfavorable" means the origin clearly wins on most dimensions. Individual priorities may shift the balance, weigh the dimensions that matter most to you.

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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)