Cost of Living: Fort morgan, CO vs Lake havasu city, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fort morgan | Lake havasu city |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $308,000 | $395,000 |
| Average Rent (2 BR Apartment) | $1200 | $1400 |
| Average Rent (2 BR House) | $1240 | $1300 |
Housing Comparison: Fort morgan vs Lake havasu city
- The median home price in Lake havasu city is higher at $395,000, compared to $308,000 in Fort morgan.
- In Lake havasu city, the rental for a two-bedroom apartment stands at $1,400, while it is $1,200 in Fort morgan.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fort morgan | Lake havasu city |
|---|---|---|
| Electricity Price | $15.21 | $15.14 |
| Natural Gas Price | $11.3 | $23.51 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Fort morgan vs Lake havasu city
- Electricity costs are higher in Fort morgan at $15.21 per kWh, compared to $15.14 in Lake havasu city.
- Lake havasu city experiences higher natural gas costs at $23.51 per unit, with costs at $11.3 in Fort morgan.
- Other utility costs are higher in Fort morgan at an average of $250, compared to Lake havasu city with $200.