Camp Verde, AZ vs Lake Montezuma, AZ

Camp Verde is moderately more affordable than Lake Montezuma, with a 13.7% lower cost of living index. Camp Verde scores 88 compared to 102 for Lake Montezuma, where the US average is 100. This difference means residents of Lake Montezuma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Camp Verde is $1,026/month compared to $1,475/month in Lake Montezuma — a 30% difference. Home values follow the same pattern: Camp Verde is more affordable at $286,700 median vs $291,900.

Median household income in Camp Verde is $58,383 compared to $54,081 in Lake Montezuma (+8%). Camp Verde offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Camp Verde spend roughly 21.1% of their income on rent, less than the 32.7% in Lake Montezuma. The Camp Verde ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (56.7°F vs 56.7°F). Lake Montezuma receives more rainfall at 12.9" per year compared to 12.9" in Camp Verde.