Housing costs in Lake Havasu City?
A typical home costs
$393,600, which is 16.4% more expensive than the national average of
$338,100 and 3.4% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Lake Havasu City costs
$1,120 per month, which is 27.7% cheaper than the national average of
$1,550 and 5.4% more than the state average of
$1,060.
Can I afford Lake Havasu City?
To live comfortably in Lake Havasu City (zip 86403), Arizona, a minimum annual income of
$75,240 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Lake Havasu City?
The cost of living in 86403 Lake Havasu City, AZ is quite reasonable. According to BestPlaces, the city has an overall cost of living index of 66.37, which is slightly lower than the U.S. national average of 100. This means that residents can expect to pay prices that are 33% lower than the national average for goods and services such as groceries, transportation, and healthcare. It also has a low rental index of just 39.72, meaning monthly rental costs are 60% lower than the national median rent price. All this combined makes 86403 Lake Havasu City, AZ a great place to live with affordable expenses for everyone!