Although dysfunction in cerebral blood flow and glucose metabolism is linked to neurodegeneration, it is currently unclear if there are sex and age differences in their rates and association. Seventeen younger males (mean age 27.5 years), 20 younger females (28.4), 22 older males (76.6) and 20 older females (75.3) completed a MR/PET scan and cognitive battery. Females had higher CBF and CMRGLC than males, regardless of age. CBF was lower in ageing. As CMRGLC increased, the positive effect of higher CBF on working memory, cognitive flexibility, and processing speed also increased. Individuals with the highest CBF had the highest CMRGLC. However, this association was moderated by sex and age, with significant negative associations across older females, possibly reflecting a compensatory response to a loss of blood flow and metabolism. We conclude that there are sex differences in the rates and association of cerebral blood flow and glucose metabolism in normative ageing and that high rates of blood flow and metabolism combine to support cognition.