Cordes Lakes, AZ vs Fredonia, AZ
Cordes Lakes, AZ and Fredonia, AZ have a very similar cost of living, with only a 2.6% difference in their overall index. Cordes Lakes scores 80 while Fredonia scores 82 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Cordes Lakes is $1,110/month compared to $928/month in Fredonia — a 20% difference. Interestingly, home values tell a different story: while Fredonia has cheaper rent, Cordes Lakes actually has lower median home values ($153,600 vs $263,400).
Median household income in Cordes Lakes is $55,691 compared to $60,476 in Fredonia (-7.9%). While Fredonia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cordes Lakes spend roughly 23.9% of their income on rent, more than the 18.4% in Fredonia.
Climate-wise, Cordes Lakes is notably warmer with an average of 56.7°F compared to 41°F in Fredonia. Cordes Lakes receives more rainfall at 12.9" per year compared to 11.6" in Fredonia.
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Climate
NOAA 30-year normals (1991-2020)