BULLHEAD CITY – Bullhead City once again has been recognized as the most affordable city in Arizona.
The data comes from the 2017 fourth-quarter Cost-of-Living Index Annual Average Data report. This report represents the average prices submitted by the participating 269 urban areas nationwide.
“Bullhead City is affordable and continues to attract new residents because of its affordability factor,” said City Manager Toby Cotter. “Not only are we able to attract new residents, but business from other states are noticing our low prices. Fuel prices at the pump are a great example. We will continue to express affordability to potential new residents and businesses.”
Bullhead City’s overall composite score for the fourth quarter of 2017 was 89.8 percent.
The low cost of living continues to attract new residents and businesses looking to relocate from higher costs areas such as Southern California’s Orange County area at 152.6 percent and the Los Angeles-Long Beach area at 148 percent, Cotter said. The other five Arizona cities that participated and their overall composite scores are: Lake Havasu City at 104.5 percent, Phoenix at 95 percent, Yuma at 96.4 percent, Sierra Vista at 93.7 percent and Tucson at 94.1 percent.
A city’s composite index is made up of six components: grocery items, housing, utilities, transportation, health care and miscellaneous goods and services.
The cost-of-living doesn’t measure local price changes from period to period, but rather changes in how local prices compare to prices in other areas from period to period.
A breakdown of the six components for the City of Bullhead City is 78.2 percent for housing costs, 88 percent for utilities costs, 100.8 percent for transportation costs, 95.7 percent for healthcare, 98.1 percent for grocery items and 92.9 percent for miscellaneous goods and services.
When compared to the other five Arizona cities that participated, Bullhead City is the lowest in housing, utilities and miscellaneous goods and services.
Questions concerning the cost of living data can be directed to the City Manager’s office at 928-763-9400. A Cost of Living Index calculator is available on the city website at www.bullheadcity.com/movingto.