Cost of Living in Lake havasu city, AZ
Housing
The housing market plays a significant role in determining the cost of living in Lake havasu city, AZ.
- Housing Index: 110.0 / 100
- Median Home Price is: $395,000
- Average Rent (2 BR Apartment): $1400 per month
- Average Rent (2 BR House): $1300 per month
Considering a move to Lake havasu city, AZ? With a housing index of 110.0, it indicates that housing costs are slightly higher than the national average. The median home price sits at 395000, suggesting a competitive market. Renting is also a viable option, with the average rent for a 2-bedroom apartment at 1400 and a 2-bedroom house at 1300. Factors like local amenities, quality schools, and community vibe play a crucial role in your decision. Research the neighborhood to ensure it aligns with your lifestyle and financial goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lake havasu city, AZ.
- Electricity Price: $15.14 USD (median by state)
- Natural Gas Price: $23.51 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Lake havasu city, AZ could entail higher utility costs. Electricity costs sit at $15.14, while natural gas is priced at $23.51 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Lake havasu city is a financially viable option for your relocation.