Why This Beautiful Arizona Lake Town Was Ranked a Top Retirement Destination

Dreaming of a retirement filled with sunny days, scenic views, and an active lifestyle? Lake Havasu City, AZ, offers exactly that without breaking the bank. Located on the east side of the iconic Lake Havasu, it’s the largest city in Mohave County, with a population of nearly 60,000 and a median age of 53.

Known as “Arizona’s Playground,” Lake Havasu City offers affordable lakefront living, diverse recreation, accessible healthcare, and a vibrant social scene. Let’s explore exactly what makes Lake Havasu City an ideal retirement destination.

Key Takeaways

• Lake Havasu City offers a lower cost of living than many parts of Arizona and the U.S., allowing retirees to enjoy a comfortable lifestyle on a fixed income.
• The city’s lakefront location and desert landscape provide endless opportunities for outdoor recreation, making it ideal for active retirees.
• With historic landmarks, a thriving art scene, and cultural activities, retirees will find plenty to explore.
• Lake Havasu’s strong sense of community and frequent social events ensure retirees remain connected.
• With accessible healthcare, convenient public transportation, and a major airport nearby, the city is a practical retirement option.

Cost of Living in Lake Havasu City, AZ

Affordability is one of the primary factors to consider when choosing a retirement destination, especially for those on a fixed income. Lake Havasu City stands out for its cost of living, which is lower than both Arizona and national averages in key areas such as housing and food.

If you’re interested in homebuying, Lake Havasu City may offer significant savings. Between 2019 and 2023, the median home value in Mohave County averaged $253,200, while the median sales price for the nation averaged $419,200 (the most recent data available). Monthly housing costs tell a similarly promising story, with the median Mohave County resident paying $914, more than 32% lower than the national median of $1,358.

Food expenses in the city are also noticeably more affordable than in many other locations. According to the latest data, the median monthly food cost in Mohave County is just $617, which is $215 lower than the national average of $832.

Note

Given that housing and food are consistently the two highest expenses for retirees—accounting for 35% and 13% of the average annual expenditures for people over 65 in 2023—these savings can have a significant impact.

Healthcare and Accessibility

Access to quality healthcare is essential for retirees, who often require regular medical care. With 391 healthcare establishments and nine hospitals in Mohave County, Lake Havasu City more than satisfies this need. Local retirees can find appropriate medical facilities without having to travel too far, whether they need routine checkups or more specialized treatment.

Reliable transportation is also crucial for retirees, whether for running errands or attending medical appointments. While monthly transportation costs in Mohave County are slightly higher than the national average—$1,199 compared to $1,098 in 2023—Lake Havasu City also offers plenty of affordable and accessible public transportation options.

In addition to standard public bus transportation, that includes shared shuttle services with flexible routes. For example, Lake Havasu City Direct Public Transit provides on-demand rides Monday through Friday between 6:30 AM and 5:00 PM. Seniors and disabled individuals can also reserve dedicated Paratransit trips between 9:00 AM and 5:00 PM. All rides cost $3.00 each way, making it a highly cost-effective option.

If you ever need to travel long-distance, whether for advanced medical care or personal reasons, Harry Reid International Airport (LAS) is 151 miles away, offering connecting flights to many major destinations.

The combination of accessible healthcare, reliable public transportation, and proximity to a major airport can help Lake Havasu City retirees stay independent and well-connected.

Lifestyle and Recreational Activities

If you enjoy an active outdoor lifestyle, Lake Havasu City offers year-round potential for adventure. Lake Havasu itself provides endless opportunities for boating, fishing, and water sports, while the surrounding desert landscape—home to 18 different city and state parks—is perfect for hiking, ATV riding, and exploring.

Beyond outdoor recreation, Lake Havasu City boasts multiple iconic attractions. The London Bridge, relocated from England in the 1960s, is a beloved historical landmark. Meanwhile, the Havasu National Wildlife Refuge is ideal for birdwatchers, home to 318 species, including endangered ones like the Bell’s vireo.

If you’re drawn more to arts and culture, Mohave County features 62 different artistic establishments, including everything from galleries and museums to live music venues. The local community hosts regular events, like the Annual London Bridge Days Parade, creating plenty of social opportunities for retirees moving to the city or looking for new friends.

The Bottom Line

Lake Havasu City is a compelling choice for those seeking an affordable but fulfilling retirement destination. With the county’s housing and food costs well below average, you can easily enjoy a comfortable lifestyle on a fixed income. In addition, its public transportation options and proximity to a major airport make travel readily accessible.

The city’s rich blend of outdoor adventures, cultural attractions, and artistic institutions provide a healthy mix of recreational opportunities. Combined with a vibrant local community that hosts plenty of social events, Lake Havasu City is the perfect place to settle down and enjoy your retirement years to the fullest.