Lake of the Woods, AZ vs Winslow, AZ

Lake of the Woods, AZ and Winslow, AZ have a very similar cost of living, with only a 3.1% difference in their overall index. Lake of the Woods scores 74 while Winslow scores 72 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 Lake of the Woods is $780/month compared to $929/month in Winslow — a 16% difference. Interestingly, home values tell a different story: while Lake of the Woods has cheaper rent, Winslow actually has lower median home values ($143,200 vs $208,800).

Median household income in Lake of the Woods is $55,531 compared to $53,114 in Winslow (+4.6%). While Lake of the Woods is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake of the Woods spend roughly 16.9% of their income on rent, less than the 21% in Winslow.