Cost of Living: Southlake, TX vs Lake havasu city, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southlake | Lake havasu city |
|---|---|---|
| Housing Index | 145.0 | 110.0 |
| Median Home Price | $668,000 | $395,000 |
| Average Rent (2 BR Apartment) | $2800 | $1400 |
| Average Rent (2 BR House) | $2856 | $1300 |
Housing Comparison: Southlake vs Lake havasu city
- In Southlake, the median home price is higher at $668,000, while in Lake havasu city it is $395,000.
- Renting a two-bedroom apartment costs more in Southlake at $2,800 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 | Southlake | Lake havasu city |
|---|---|---|
| Electricity Price | $14.47 | $15.14 |
| Natural Gas Price | $26.29 | $23.51 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Southlake vs Lake havasu city
- Lake havasu city has higher electricity costs at $15.14 per kWh, versus $14.47 in Southlake.
- Natural gas is more expensive in Southlake at $26.29 per unit, while it is cheaper at $23.51 in Lake havasu city.
- Other utility costs are higher in Southlake at an average of $250, compared to Lake havasu city with $200.