Cost of Living in Peach Springs, AZ
Population: 1,196 | Arizona
Peach Springs is 23% less expensive than the national average.
Cost of Living in Peach Springs, AZ: What You Need to Know
With a cost of living index of 77, Peach Springs, AZ is a very affordable place to live. Living here is 23% cheaper than the national average and 13% below the Arizona state average of 89. Peach Springs is a small community of 1,196 residents.
The median household income in Peach Springs is $49,286, which is 34% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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.
Income
- Median Household Income
- $49,286
- vs US Median ($75,149)
- -34%
Housing
- Median Rent
- $655/mo
- Median Monthly Housing Cost
- $569/mo
Everyday Prices in Peach Springs
BLS Average Prices for the Lake Havasu City-Kingman, AZ (Metropolitan Statistical Area) area