Fredonia, AZ vs Lake of the Woods, AZ

Lake of the Woods is moderately more affordable than Fredonia, with a 10.2% lower cost of living index. Fredonia scores 82 compared to 74 for Lake of the Woods, where the US average is 100. This difference means residents of Fredonia can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fredonia is $928/month compared to $780/month in Lake of the Woods — a 19% difference. Home values follow the same pattern: Lake of the Woods is more affordable at $208,800 median vs $263,400.

Median household income in Fredonia is $60,476 compared to $55,531 in Lake of the Woods (+8.9%). The higher salaries in Fredonia partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fredonia spend roughly 18.4% of their income on rent, more than the 16.9% in Lake of the Woods.

Climate-wise, Lake of the Woods is notably warmer with an average of 54.1°F compared to 41°F in Fredonia. Fredonia receives more rainfall at 11.6" per year compared to 9.1" in Lake of the Woods.