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

Housing

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

Metric Lake havasu city Irvine
Housing Index 110.0 130.7
Median Home Price $395,000 $1,181,909
Average Rent (2 BR Apartment) $1400 $3200
Average Rent (2 BR House) $1300 $3360

Housing Comparison: Lake havasu city vs Irvine

  • The median home price in Irvine is higher at $1,181,909, compared to $395,000 in Lake havasu city.
  • In Irvine, the rental for a two-bedroom apartment stands at $3,200, while it is $1,400 in Lake havasu city.

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 Irvine
Electricity Price $15.14 $32.99
Natural Gas Price $23.51 $16.99
Other Utilities $200 $250

Utilities Comparison: Lake havasu city vs Irvine

  • Irvine has higher electricity costs at $32.99 per kWh, versus $15.14 in Lake havasu city.
  • Natural gas is more expensive in Lake havasu city at $23.51 per unit, while it is cheaper at $16.99 in Irvine.
  • Irvine has higher utility expenses, averaging $250, while Lake havasu city averages $200.