D+
Overall 3%
Goods & Services 4%
Housing 6%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexLake Havasu CityArizonaNational
Cost of living10399100
Goods & Services10498100
Groceries9599100
Health care10098100
Housing10697100
Transportation108104100
Utilities98103100

Key findings

  • The cost of living in Lake Havasu City is 4% higher than the Arizona average
  • The cost of living in Lake Havasu City is 3% higher than the national average
  • Lake Havasu City housing is 6% higher than the national average
  • Arizona general sales tax is 10% higher than the national average
  • Arizona state income tax is 5% higher than the national average

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Compare Lake Havasu City, AZ Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$50,547$4,212$1,179$1,517
      Renters$36,118$3,010$843$1,084
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Lake Havasu City, AZ, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Lake Havasu City homeowners, is $50,547. This would allow for a maximum of $1,179 per month to be spent on housing costs. For renters, the median monthly income is $36,118 which would result in a maximum of $843 to be spent on rental costs.

      Arizona Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Arizona5.6%10.725%

      Arizona Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Arizona2.59%4.5%

      Goods & Services

      ItemLake Havasu CityNational avg.Difference
      Haircut $15.74$17.4910.0%
      Beauty Salon $39.32$38.173.0%
      Toothpaste $2.85$2.3222.6%
      Shampoo $0.86$1.0114.7%
      Movie $8.13$10.7224.2%
      Bowling $5.57$13.8659.8%

      Groceries

      ItemLake Havasu CityNational avg.Difference
      Ground Beef $3.04$3.9022.1%
      Fried Chicken $1.12$1.4019.9%
      Milk $1.55$1.9621.0%
      Potatoes $2.52$3.1820.7%
      Pizza $11.47$10.3910.4%
      Beer $9.33$9.231.1%

      Health Care

      ItemLake Havasu CityNational avg.Difference
      Optometrist $98.34$106.347.5%
      Doctor $107.25$115.256.9%
      Dentist $88.99$98.389.5%
      Ibuprofen $10.00$9.268.0%
      Lipitor $441.65$466.475.3%

      Housing

      ItemLake Havasu CityNational avg.Difference
      Home Price $208,800.00$184,700.0013.0%
      Avg. Mortgage Payment $1,549.76$1,273.3221.7%
      Apartment Rent $865.00$949.008.9%

      Transportation

      ItemLake Havasu CityNational avg.Difference
      Gasoline $2.37$2.598.7%
      Tire Balancing $52.40$48.907.2%

      Utilities

      ItemLake Havasu CityNational avg.Difference
      All Electricity$162.02$167.603.3%
      Phone $28.14$163.4282.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Crystal Beach, AZ15183-17%
      Desert Hills, AZ2,78291-9%
      Lake Havasu City, AZ53,0581033%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Bellevue, NE52,99390-10%
      Bradenton, FL52,9851022%
      Hoboken, NJ53,13618181%
      Revere, MA53,16513232%
      Watsonville, CA52,91512525%
      Lake Havasu City, AZ53,0581033%
      Source: The Lake Havasu City, AZ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.