Cost of Living: Lake havasu city, AZ vs Greenwood, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake havasu city | Greenwood |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $395,000 | $236,200 |
| Average Rent (2 BR Apartment) | $1400 | $1200 |
| Average Rent (2 BR House) | $1300 | $1150 |
Housing Comparison: Lake havasu city vs Greenwood
- In Lake havasu city, the median home price is higher at $395,000, while in Greenwood it is $236,200.
- Renting a two-bedroom apartment costs more in Lake havasu city at $1,400 than in Greenwood at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake havasu city | Greenwood |
|---|---|---|
| Electricity Price | $15.14 | $14.18 |
| Natural Gas Price | $23.51 | $23.51 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Lake havasu city vs Greenwood
- Electricity costs are higher in Lake havasu city at $15.14 per kWh, compared to $14.18 in Greenwood.
- Natural gas costs are identical in both Lake havasu city and Greenwood at $23.51 per unit.
- Utility expenses are equal in both Lake havasu city and Greenwood averaging $200.