Cordes Lakes, AZ vs Peach Springs, AZ
Cordes Lakes, AZ and Peach Springs, AZ have a very similar cost of living, with only a 4.2% difference in their overall index. Cordes Lakes scores 80 while Peach Springs scores 77 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.
Renters will find that Cordes Lakes has a median rent of $1,110/month while Peach Springs comes in at $655/month, a 70% difference.
Median household income in Cordes Lakes is $55,691 compared to $49,286 in Peach Springs (+13%). While Cordes Lakes 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 15.9% in Peach Springs.
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