Lake of the Woods, AZ vs Naco, AZ
There is a significant gap in the cost of living between these two cities. Naco is 28.6% cheaper than Lake of the Woods. With a cost index of 58 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Naco to Lake of the Woods should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lake of the Woods is $780/month compared to $694/month in Naco — a 12% difference. Home values follow the same pattern: Naco is more affordable at $75,800 median vs $208,800.
Median household income in Lake of the Woods is $55,531 compared to $49,750 in Naco (+11.6%). Lake of the Woods does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lake of the Woods spend roughly 16.9% of their income on rent, more than the 16.7% in Naco.
Climate-wise, Naco is notably warmer with an average of 62.3°F compared to 54.1°F in Lake of the Woods. Naco receives more rainfall at 11.8" per year compared to 9.1" in Lake of the Woods.
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