Lake Havasu City, AZ

Average · 102

Arizona · Population 58,037 · Updated March 2026

$1,269
Median Rent / Month
$66,264
Median Income
$411,500
Median Home Value
$1,144
Owner Costs / Month

Affordability

How far your income goes in Lake Havasu City

23.0%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Arizona

State-level tax rates that affect your costs

2.5%
Income Tax (Top Rate)
5.6%
Sales Tax
0.62%
Property Tax Rate

Estimated Annual Costs

$15,228
Annual Rent
$1,657
State Income Tax
$2,551
Property Tax (est.)

Cost of Living Overview

Lake Havasu City has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 102 (where 100 equals the national median), Lake Havasu City residents can expect to pay median rent of $1,269/month while earning a median household income of $66,264/year.

The median home value in Lake Havasu City, AZ is $411,500, with typical monthly owner costs around $1,144 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Arizona has a moderate income tax rate of 2.5%. Combined with a 5.6% sales tax rate and 0.62% effective property tax rate, the overall tax environment is a factor in the total cost of living in Lake Havasu City.

Frequently Asked Questions

Common questions about living costs in Lake Havasu City

What is the cost of living in Lake Havasu City, AZ?
The cost of living index in Lake Havasu City, AZ is 102 (US average = 100). Median monthly rent is $1,269, median household income is $66,264/year, and the median home value is $411,500.
Is Lake Havasu City, AZ affordable?
No, Lake Havasu City is more expensive than the national average with a cost index of 102. The rent-to-income ratio is 23.0%—below the 30% threshold considered affordable by HUD.
What is the average rent in Lake Havasu City, AZ?
The median gross rent in Lake Havasu City, AZ is $1,269 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,228.
What is the median household income in Lake Havasu City?
The median household income in Lake Havasu City, AZ is $66,264 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Arizona?
Arizona has a top income tax rate of 2.5%, a sales tax of 5.6%, and an effective property tax rate of 0.62%.