Cost of Living in Colorado City, AZ

With a cost of living index of 97, Colorado City, AZ is slightly more affordable than average. Living here is 3% cheaper than the national average and 8% above the Arizona state average of 89. Colorado City is a small community of 2,598 residents.

The median household income in Colorado City is $75,234, which is 0% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Colorado City. The area sees an average annual temperature of 50.3°F, with summers averaging 71°F and winters around 31°F. Annual rainfall totals 11 inches spread over roughly 69 days.

Everyday prices in the Lake Havasu City-Kingman, AZ (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.