Mohave Valley, Arizona Cost Of Living

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Overall 18%

Goods & Services 14%

Housing 37%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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.
Index	Mohave Valley	Arizona	National
Cost of living	82	101	100
Goods & Services	86	105	100
Groceries	96	104	100
Health care	92	98	100
Housing	63	97	100
Transportation	95	97	100
Utilities	89	103	100

Key findings

The cost of living in Mohave Valley is 19% lower than the Arizona average
The cost of living in Mohave Valley is 18% lower than the national average
Mohave Valley housing is 37% lower 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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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$50,848	$4,237	$1,186	$1,526
Renters	$43,750	$3,646	$1,021	$1,313

Arizona Sales Tax

State	General Sales Tax	With Max Surtax
Arizona	5.6%	10.725%

Arizona Income Tax

State	Income Tax (Low)	Income Tax (High)
Arizona	2.59%	4.5%

Goods & Services

Item	Mohave Valley	National avg.	Difference
Haircut	$16.67	$20.27	17.8%
Beauty Salon	$28.13	$40.39	30.4%
Toothpaste	$1.91	$2.36	19.2%
Shampoo	$1.06	$1.08	1.8%
Movie	$9.63	$10.99	12.4%
Bowling	$6.25	$15.49	59.7%

Groceries

Item	Mohave Valley	National avg.	Difference
Ground Beef	$4.09	$4.30	4.7%
Fried Chicken	$1.07	$1.40	23.8%
Milk	$1.84	$2.20	16.5%
Potatoes	$2.38	$3.22	26.1%
Pizza	$9.49	$10.74	11.6%
Beer	$9.65	$9.60	0.5%

Health Care

Item	Mohave Valley	National avg.	Difference
Optometrist	$87.17	$109.73	20.6%
Doctor	$101.39	$118.34	14.3%
Dentist	$96.44	$100.94	4.5%
Ibuprofen	$9.22	$9.93	7.1%
Lipitor	$460.64	$469.53	1.9%

Housing

Item	Mohave Valley	National avg.	Difference
Home Price	$117,900.00	$184,700.00	36.2%
Avg. Mortgage Payment	$1,358.47	$1,229.62	10.5%
Apartment Rent	$587.00	$949.00	38.1%

Transportation

Item	Mohave Valley	National avg.	Difference
Gasoline	$2.54	$2.71	6.2%
Tire Balancing	$50.78	$51.86	2.1%

Utilities

Item	Mohave Valley	National avg.	Difference
All Electricity	$141.06	$170.84	17.4%
Phone	$180.52	$187.18	3.6%

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	Population	Cost of Living Index	National Avg.
Mojave Ranch Estates, AZ	26	90	10.3%
Topock, AZ	13	116	15.6%
Oatman, AZ	81	90	10.3%
Golden Shores, AZ	1,500	95	5.2%
Arizona Village, AZ	966	77	22.9%
Mohave Valley, AZ	2,861	82	18.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
David City, NE	2,861	87	13.5%
Kulpmont, PA	2,862	84	16.1%
Eatonville, WA	2,862	108	8.2%
Acushnet Center, MA	2,859	113	13.5%
Sands Point, NY	2,859	410	309.7%
Mohave Valley, AZ	2,861	82	18.2%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.