Cost of Living in Lake Montezuma, AZ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

110.2

100 = national avg

+10.2 vs national average

Living Wage (1 Adult)

$48,509

per year

Living Wage (Family of 4)

$114,657

per year

Cost Index by Category

Housing
148.5
Food
91.3
Transportation
82.7
Healthcare
93.1
Utilities
104.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,309

per month

2 Bedroom

$1,637

per month

The overall cost of living index in Lake Montezuma is 110.2, which is 10.2% above the national average. Housing costs are above the national average at an index of 148.5. A single adult needs to earn approximately $48,509 per year to cover basic expenses.