Lake of the Woods, AZ vs Peach Springs, AZ

Lake of the Woods, AZ and Peach Springs, AZ have a very similar cost of living, with only a 2.9% difference in their overall index. Lake of the Woods scores 74 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 Lake of the Woods has a median rent of $780/month while Peach Springs comes in at $655/month, a 19% difference.

Median household income in Lake of the Woods is $55,531 compared to $49,286 in Peach Springs (+12.7%). Lake of the Woods offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lake of the Woods spend roughly 16.9% of their income on rent, more than the 15.9% in Peach Springs.