Cost of living index

Lake Havasu City, AZ

94.1 / 100

Living in Lake Havasu City, AZ is 5.9% cheaper than the US average — the #180 of 387 highest nationally.

Median rent: $1,047/mo

Median home value: $253,200

Figures — including the cost index, median rent, and median home value — cover the wider Lake Havasu City, AZ metropolitan area, not individual neighbourhoods or city boundaries.

Winter
58° / 32°F
(14° / 0°C)
2.7 in precip
Spring
76° / 45°F
(24° / 7°C)
1.1 in precip
Summer
97° / 67°F
(36° / 19°C)
1.9 in precip
Fall
79° / 48°F
(26° / 9°C)
2.3 in precip

30-year climate normals (1991–2020) from KINGMAN MOHAVE CO AP, via NOAA.

The Lake Havasu City, AZ metro area has an overall price level of 94.1 compared with the national average of 100, meaning everyday costs run about 5.9% lower than a typical US metro. Housing tells the sharper story: at 79.8 it is 20.2% below the national average. Housing rents are often one of the largest sources of difference between metro areas, so this figure can have a significant impact when comparing locations.

Overall#180 of 387
94.1
Goods#207 of 387
96.2
Housing rents#184 of 387
79.8
Utilities#193 of 387
88.7
Other services#77 of 387
99.8

Lake Havasu City, AZ is moved down the most by housing rents, at 79.8 vs a US average of 100, while the closest to average is other services.

Browse Arizona →See the cheapest and most expensive US metros →

Figures on this page come from the US Bureau of Economic Analysis (BEA) Regional Price Parities dataset, 2024 — the most recent year published. An index of 100 marks the national average; a metro above 100 has higher prices than a typical US metro, below 100 lower. Median rent and median home value are from the US Census Bureau’s American Community Survey (ACS) 2023 5-year estimates, and seasonal weather is from NOAA’s 1991–2020 climate normals. These are regional figures only, not a complete personal budget — they don’t account for individual spending habits, taxes, or household circumstances. See the full methodology for how the index and salary-equivalent estimates are calculated.

Compare My City is an independent project and is not operated by, endorsed by, or affiliated with the Bureau of Economic Analysis, the Census Bureau, or NOAA.

Is Lake Havasu City, AZ an expensive place to live?

Lake Havasu City, AZ has an overall cost-of-living index of 94.1, where 100 is the US average. That makes it about 5.9% cheaper than the country as a whole.

Is housing expensive in Lake Havasu City, AZ?

Housing rents in Lake Havasu City, AZ score 79.8 against a US average of 100 — roughly 20.2% below average. Housing rents are often the main driver of differences in overall price levels between metro areas.

How does Lake Havasu City, AZ compare to the US average cost of living?

Overall prices in Lake Havasu City, AZ sit at 94.1 versus 100 for the US average, with housing at 79.8. Figures come from the US Bureau of Economic Analysis for 2024.