Cost of Living: Waverly, TN vs Lake havasu city, AZ

Housing

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

Metric Waverly Lake havasu city
Housing Index 85.0 110.0
Median Home Price $200,000 $395,000
Average Rent (2 BR Apartment) $1000 $1400
Average Rent (2 BR House) $1025 $1300

Housing Comparison: Waverly vs Lake havasu city

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

Utilities

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

Metric Waverly Lake havasu city
Electricity Price $12.57 $15.14
Natural Gas Price $12.35 $23.51
Other Utilities $200 $200

Utilities Comparison: Waverly vs Lake havasu city

  • Lake havasu city has higher electricity costs at $15.14 per kWh, versus $12.57 in Waverly.
  • Lake havasu city experiences higher natural gas costs at $23.51 per unit, with costs at $12.35 in Waverly.
  • Utility expenses are equal in both Waverly and Lake havasu city averaging $200.