What You Need to Know About Cost of Living in Bullhead City AZ
Defining the cost of living in Bullhead City AZ is an excellent place to start. It is a concern that any prospective buyer should consider when moving to another city. It is the sum of money needed to pay for the costs of upholding a specific lifestyle in a particular location and time. In Bullhead City, it is relatively low, making it a very affordable place to live. The median home price in Bullhead City AZ is about $140,300, much lower than the average home price in states like California or New York. The average living cost for necessities such as housing, food, energy, medical care, transportation, and taxes is below the national average. There are also many benefits to living in Bullhead City. The most notable of them are the great weather, access to outdoor activities, and proximity to other cities.
The city offers quality living standards with reasonably priced expenses, making the overall cost of living in Bullhead City Arizona, attractive for homeowners. Below are valuable insights to help you decide whether or not Bullhead City is right for you.
An Overview of the Housing Market Contributing to Overall Living Cost
The housing market plays a significant role in determining the overall living expense in a particular area. The cost of housing, including both purchasing and renting, have a major impact on an individual’s or a family’s budget and can affect their overall standard of living.
Bullhead City city offers a variety of housing options, from single-family homes to apartments and condos, so buyers can find something that fits their budget. The median home value is less than the state median home value of $225,500. The city’s occupied housing stock includes 42% rental properties. Compared to the national rate of 36.2%, Bullhead City, Arizona’s renter rate is greater. The average rent price of $784 is much more attractive than the rest of the country.
Prices of Goods and Services Affecting Cost of Living in Bullhead City AZ
The cost of living in Bullhead City AZ includes housing, food, taxes, health care, clothing, education, entertainment, transportation, and other necessities. Let’s give context to each of them.
Food prices are quite reasonable, with milk and bread costing around the same as in other cities in the area. Chicken is slightly more expensive than other meats but still quite affordable. One can expect to spend around $8,925 annually for a small family with four adults. Grocery items are on par with national averages.
Regarding transportation costs, Bullhead City is an excellent choice for commuters who drive as gas prices are lower. The latest report shows 92.10% of commuters use a car to get to work. Those who take public transportation can expect to pay around $2 per ride or $50 per month for unlimited rides on the bus system.
Finally, healthcare costs are also relatively low in Bullhead City compared to other places in Arizona. Bullhead City has a general doctor consultation average cost of $105, whereas the Arizona average is $115.25. Expect to pay $94.67 for a dental visit, compared to $98.38 in Arizona. Several medical facilities and pharmacies are nearby if you need prescription medications or over-the-counter items.
Find out the cost of living in Bullhead City AZ, and know why this city should be at the top of your home search options. Visit us at https://riverratsrealty.com/bullhead-city-cost-of-living/ for more valuable statistics.