Cost of Living: Commerce, TX vs Lake havasu city, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Commerce | Lake havasu city |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $200,000 | $395,000 |
| Average Rent (2 BR Apartment) | $1280 | $1400 |
| Average Rent (2 BR House) | $2045 | $1300 |
Housing Comparison: Commerce vs Lake havasu city
- The median home price in Lake havasu city is higher at $395,000, compared to $200,000 in Commerce.
- In Lake havasu city, the rental for a two-bedroom apartment stands at $1,400, while it is $1,280 in Commerce.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Commerce | Lake havasu city |
|---|---|---|
| Electricity Price | $14.47 | $15.14 |
| Natural Gas Price | $26.29 | $23.51 |
| Other Utilities | $210 | $200 |
Utilities Comparison: Commerce vs Lake havasu city
- Lake havasu city has higher electricity costs at $15.14 per kWh, versus $14.47 in Commerce.
- Natural gas is more expensive in Commerce at $26.29 per unit, while it is cheaper at $23.51 in Lake havasu city.
- Other utility costs are higher in Commerce at an average of $210, compared to Lake havasu city with $200.