Cost of Living in Lake of the Woods, AZ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.9
100 = national avg
-11.1 vs national average
Living Wage (1 Adult)
$39,121
per year
Living Wage (Family of 4)
$92,467
per year
Cost Index by Category
Housing88.2
Food92.4
Transportation84.9
Healthcare94.0
Utilities93.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,026
per month
2 Bedroom
$1,309
per month
The overall cost of living index in Lake of the Woods is 88.9, which is 11.1% below the national average. Housing costs are below the national average at an index of 88.2. A single adult needs to earn approximately $39,121 per year to cover basic expenses.