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.