Cost of Living: Sparks, NV vs Lake havasu city, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sparks | Lake havasu city |
|---|---|---|
| Housing Index | 105.0 | 110.0 |
| Median Home Price | $475,000 | $395,000 |
| Average Rent (2 BR Apartment) | $1600 | $1400 |
| Average Rent (2 BR House) | $1628 | $1300 |
Housing Comparison: Sparks vs Lake havasu city
- In Sparks, the median home price is higher at $475,000, while in Lake havasu city it is $395,000.
- Renting a two-bedroom apartment costs more in Sparks at $1,600 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 | Sparks | Lake havasu city |
|---|---|---|
| Electricity Price | $15.5 | $15.14 |
| Natural Gas Price | $20.66 | $23.51 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Sparks vs Lake havasu city
- Electricity costs are higher in Sparks at $15.5 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 $20.66 in Sparks.
- Other utility costs are higher in Sparks at an average of $250, compared to Lake havasu city with $200.