Bullhead City is the most affordable place to live in Arizona, according to the Council for Community and Economic Research. Lake Havasu City, by contrast, may be far more expensive.
According to the Council’s cost of living index for the second quarter of 2019, Bullhead City residents spent an average of about 91.1% of the national average on items including housing, utilities, transportation, healthcare, grocery items and goods and services. Compared to other Arizona cities that participated in the Council for Community and Economic Research’s study this year, Bullhead City maintains the lowest cost for utilities and transportation, with the second-lowest amount spent on miscellaneous goods and services, and third-lowest for healthcare services.
“Bullhead City residents enjoy this affordable lifestyle thanks to our businesses, home builders and industries that work to keep costs in check,” said Bullhead City Manager Toby Cotter this week. “This low cost of living will continue to attract residents to Bullhead City.”
Lake Havasu City residents spent about 6% more than the national average for the same services, according to the cost of living index. Havasu residents pay almost 20% more for housing and 44% more for utilities than their Bullhead City counterparts. Havasu residents also spend about 4% more for transportation and 2% more for healthcare.
Because of Havasu’s summer heat, residents spend about 56.4% more than the national average on home utilities, while Bullhead City residents spend about 16% less than the national average.
Phoenix and Tucson residents pay slightly less than the national average for basic necessities, according to the study, but expenses in Arizona pale in comparison to those found in Southern California.
According to the Council for Community and Economic Research, Orange County residents pay almost 50% more for necessities than the national average, while Los Angeles residents pay about 46% more. In the areas of Oakland and San Francisco, the cost of items such as housing, transportation, utilities, healthcare and miscellaneous services is almost 60% higher than the national average.
The Council for Community and Economic Research has published its quarterly cost of living index since 1968, and is recognized by the U.S. Census Bureau and U.S. Bureau of Labor Statistics as an authority on economic studies.