Cost of Living: Lake elsinore, CA vs Lake havasu city, AZ

Housing

The housing market plays a significant role in determining the cost of living.

Metric Lake elsinore Lake havasu city
Housing Index 120.5 110.0
Median Home Price $535,000 $395,000
Average Rent (2 BR Apartment) $2400 $1400
Average Rent (2 BR House) $2425 $1300

Housing Comparison: Lake elsinore vs Lake havasu city

  • In Lake elsinore, the median home price is higher at $535,000, while in Lake havasu city it is $395,000.
  • Renting a two-bedroom apartment costs more in Lake elsinore at $2,400 than in Lake havasu city at $1,400.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Lake elsinore Lake havasu city
Electricity Price $32.99 $15.14
Natural Gas Price $16.99 $23.51
Other Utilities $280 $200

Utilities Comparison: Lake elsinore vs Lake havasu city

  • Electricity costs are higher in Lake elsinore at $32.99 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 $16.99 in Lake elsinore.
  • Other utility costs are higher in Lake elsinore at an average of $280, compared to Lake havasu city with $200.