Is Lake Havasu City cheaper than Prescott Valley?

Lake Havasu City has the lower day-to-day cost index (100 vs 101 against a national 100). The other differences are shown facet by facet in the table.

What household income in Prescott Valley equals $85,000 in Lake Havasu City?

A household earning $85,000 in Lake Havasu City needs about $86,500 in Prescott Valley to keep the same lifestyle; coming the other way, $85,000 of Prescott Valley lifestyle costs about $83,500 in Lake Havasu City.

City data & comparisons

Residential comparison · 13 facts

Lake Havasu City, AZ vs Prescott Valley, AZ

Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.

Personalize this comparison

A household earning $85,000 in Lake Havasu City needs about $86,500 in Prescott Valley to keep the same lifestyle.

Coming from Prescott Valley, $85,000 of lifestyle costs about $83,500 in Lake Havasu City.

A few differences

Prescott Valley is higher on median household income ($74,569 vs $70,148).
Lake Havasu City is lower on cost of living index (100 vs 101).
Lake Havasu City is lower on 2-bedroom rent ($1,127/mo vs $1,361/mo).

Lake Havasu City vs Prescott Valley · facet by facet

Facet	Lake Havasu City, AZ	Prescott Valley, AZ
Median home price	$455,400	$413,200
2-bedroom rent	$1,127/mo	$1,361/mo
Property tax rate	0.6%	0.6%
State & local income tax	1.64%	1.64%
Sales tax	8.4%	8.4%
Cost of living index	100	101
Groceries index	100	100
Utilities	$190/mo	$190/mo
Median household income	$70,148	$74,569
Unemployment rate	3.9%	3.9%
Crime index	50/100	50/100
School rating	4.8/10	4.8/10
Sunny days / year	290 days	290 days

Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.

Full profiles: Lake Havasu City, AZ · Prescott Valley, AZ

Questions & answers

Is Lake Havasu City cheaper than Prescott Valley?: Lake Havasu City has the lower day-to-day cost index (100 vs 101 against a national 100). The other differences are shown facet by facet in the table.
What household income in Prescott Valley equals $85,000 in Lake Havasu City?: A household earning $85,000 in Lake Havasu City needs about $86,500 in Prescott Valley to keep the same lifestyle; coming the other way, $85,000 of Prescott Valley lifestyle costs about $83,500 in Lake Havasu City.