Cordes Lakes, AZ vs Globe, AZ

Cordes Lakes, AZ and Globe, AZ have a very similar cost of living, with only a 2.6% difference in their overall index. Cordes Lakes scores 80 while Globe 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 $909/month in Globe — a 22% difference. Interestingly, home values tell a different story: while Globe has cheaper rent, Cordes Lakes actually has lower median home values ($153,600 vs $214,800).

Median household income in Cordes Lakes is $55,691 compared to $66,545 in Globe (-16.3%). While Globe 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 16.4% in Globe.

Climate-wise, both cities share similar average temperatures (56.7°F vs 57°F). Globe receives more rainfall at 19.8" per year compared to 12.9" in Cordes Lakes.