Cost of Living in Forest Lakes, AZ

With a cost of living index of 106, Forest Lakes, AZ is somewhat more expensive than average. Living here is 6% more expensive than the national average and 17% above the Arizona state average of 89. Forest Lakes is a small community of 217 residents.

The median household income in Forest Lakes is $85,242, which is 13% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Forest Lakes. The area sees an average annual temperature of 57°F, with summers averaging 74°F and winters around 41°F. Annual rainfall totals 19.8 inches spread over roughly 62 days.

Everyday prices in the Flagstaff, AZ (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.