Assisted Living Communities in Lake Havasu City, Arizona

Assisted living facilities in Lake Havasu City charge roughly $4,925 monthly for care, according to the 2024 Genworth Cost of Care Survey. This runs below the state median of $5,500 and the national norm of $5,350, and it trends below costs in most cities within the state. For example, in Sierra Vista, monthly fees run higher at around $5,600, and facilities in Prescott charge about $6,450.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

In the Lake Havasu City area, assisted living communities set a baseline monthly rate of $4,925. By contrast, options that include skilled nursing services cost hundreds of dollars more. For example, home health care agencies charge roughly $5,720 for full-time support, and nursing home residents pay about $5,962 for shared living units. 

Assisted living facilities in Lake Havasu City and throughout Arizona are overseen by the Arizona Department of Health Services, Department of Licensing Services. The Department’s responsibilities include on-site surveys, monitoring facilities through licensing inspections, licensing, investigating complaints received regarding quality of care and ensuring safety and adherence to performance standards in operation and maintenance of the facility.

• Retirees in Lake Havasu City won’t pay state taxes on Social Security income, but they will on IRA and 401(k) distributions. However, the state only partially taxes some private and public pensions. Overall, it makes Arizona moderately tax-friendly for retirement. State sales taxes can also be high, but groceries and prescription drugs aren’t taxed. This exemption is especially good for seniors since both goods are considered major expenses.
• Residents of Lake Havasu City are near Havasu Regional Medical Center and the Havasu Surgery Center, both of which provide patient-centered care. Havasu Regional is a general medical and surgical facility and was rated high performing treating COPD.
• Lake Havasu City’s cost of living is nearly identical to the state’s average, but it’s almost 3% higher than the national average. However, groceries are over 2% lower than the national average and they aren’t taxed. Transportations costs are about 19% less than the national average, but health care is almost 13% higher.
• Violent crime rates in Lake Havasu City are less than half the national average. Property crime rates are also lower by almost 8%.
• Lake Havasu City has a relatively pleasant climate in the winter. It doesn’t get any snow, and rain is minimal. During the coldest winter month, the average nighttime low is about 41 degrees, and there’s an average of two days annually when temperatures fall below freezing. On the flip side, all those sunny days mean it can get extremely hot. July is the hottest month, with an average high of 109, making Lake Havasu City one of the hottest places in the state. Four months out of the year have daily temperatures in the 100s.