The Cost-of-Living Index for the first quarter of 2017 was just released and Bullhead City continues its streak as the most affordable city in Arizona.
This report, compiled by the Council for Community and Economic Research in Arlington, Va., represents the average prices submitted by the participating 265 urban areas nationwide.
Bullhead City’s overall composite score for the first quarter of 2017 was 90.9 percent, compared to Southern California’s Orange County at 153 percent and the Los Angeles-Long Beach area at 146.3 percent. A lower score means a lower cost of living, with the national average being 100 percent. The other six Arizona cities that participated and their overall composite scores: Lake Havasu City at 101.1; Phoenix at 94.7; Yuma at 100; Prescott-Prescott Valley at 99.9; Sierra Vista at 94.9; and Tucson at 94.51.
A city’s composite index is made up of six components: grocery items, housing, utilities, transportation, health care, and miscellaneous goods and services. A breakdown of the six components for Bullhead City shows 79.5 percent for housing costs; 86.4 for utilities costs; 95.2 for transportation costs; 95.6 for healthcare; 96.5 for grocery items; and 97.4 for miscellaneous goods and services.
Out of the seven Arizona cities that participated, Bullhead City has the lowest cost for housing at 79.5 percent and was near the top in all other components.
“Quarter after quarter, we keep coming out as the most affordable in Arizona,” said City Manager Toby Cotter, “which is something we need to be providing and sharing with the rest of the world to let people know that when they’re looking to relocate in Arizona, that Bullhead City should be something they consider.”
If you have any questions on the cost of living data, contact the city manager’s office at 928-763-9400 or check out the Cost of Living Index Calculator at www.bullheadcity.com/