Housing costs in Lake Montezuma?
A typical home costs
$237,200, which is 29.8% less expensive than the national average of
$338,100 and 41.8% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Lake Montezuma costs
$1,170 per month, which is 18.2% cheaper than the national average of
$1,430 and 32.5% cheaper than the state average of
$1,550.
Can I afford Lake Montezuma?
To live comfortably in Lake Montezuma, Arizona, a minimum annual income of
$45,360 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Lake Montezuma?
The cost of living in Lake Montezuma, AZ is fairly affordable. Housing costs are much lower than the national average, with an average monthly rent for a one-bedroom apartment coming in at around $600. Groceries and other basic necessities also remain fairly inexpensive, making it easy to stretch your budget further. On top of that, there are no state income taxes in Arizona, which means you keep more of what you earn. All in all, living in Lake Montezuma is quite affordable and makes it easy for those on tight budgets to make ends meet.