Cost of Living in Wailua Homesteads, HI

F
86%
Overall NAT. AVG.
27%
Goods & Services NAT. AVG.
217%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Wailua Homesteads Hawaii National
Cost of living186173100
Goods & Services127130100
Groceries117137100
Health care123126100
Housing317250100
Transportation135143100
Utilities151180100
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Cost Of Living Quick Facts

  • The cost of living in Wailua Homesteads is 7% higher than the Hawaii average
  • The cost of living in Wailua Homesteads is 86% higher than the national average
  • Wailua Homesteads housing is 217% higher than the national average
  • Hawaii general sales tax is 22% lower than the national average
  • Hawaii state income tax is 46% lower than the national average

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      Health care index
      Housing index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$116,982$9,749$2,729$3,510
      Renters$67,500$5,625$1,575$2,025
      A good way to judge both the affordability of the housing and the cost of living in Wailua Homesteads is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Wailua Homesteads has a median income of about $116,982 for people who own homes. Based on that number, a maximum of $2,729 should be spent on expenses related to housing. Renters have a slightly different median income, which is $67,500. Based on this average, renters should spend no more than $1,575 on all rental costs if they want to maintain a non-impoverished standard of living.

      Hawaii Sales Tax

      State General Sales Tax With Max Surtax
      Hawaii 4% 4.712%

      Hawaii Income Tax

      State Income Tax (Low) Income Tax (High)
      Hawaii 1.4% 11%

      Goods & Services

      Item Wailua Homesteads National avg. Difference
      Haircut $19.47$24.2619.8%
      Beauty Salon $76.67$45.5668.3%
      Toothpaste $3.68$3.700.6%
      Shampoo $1.73$1.2834.8%
      Movie $15.08$12.1324.3%
      Bowling $25.33$18.0040.7%

      Groceries

      Item Wailua Homesteads National avg. Difference
      Ground Beef $5.42$5.847.2%
      Fried Chicken $2.85$1.5781.0%
      Milk $5.38$4.6715.1%
      Potatoes $5.94$4.9320.4%
      Pizza $14.99$12.0924.0%
      Beer $12.01$10.4115.4%

      Health Care

      Item Wailua Homesteads National avg. Difference
      Optometrist $236.67$125.6888.3%
      Doctor $191.36$135.7840.9%
      Dentist $114.44$113.291.0%
      Ibuprofen $11.35$10.656.6%
      Lipitor $573.90$468.6022.5%

      Housing

      Item Wailua Homesteads National avg. Difference
      Home Price $684,600.00$184,700.00270.7%
      Avg. Mortgage Payment $8,008.77$2,346.69241.3%
      Apartment Rent $1,833.00$949.0093.2%

      Transportation

      Item Wailua Homesteads National avg. Difference
      Gasoline $4.80$3.4638.8%
      Tire Balancing $75.37$59.9225.8%

      Utilities

      Item Wailua Homesteads National avg. Difference
      All Electricity $359.53$193.9985.3%
      Phone $184.47$192.254.0%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Anahola, HI2,42515454.0%
      Hanamaulu, HI4,68915656.0%
      Eleele, HI2,71015757.4%
      Hanapepe, HI2,76315858.2%
      Puhi, HI4,31616160.7%
      Wailua Homesteads, HI6,30118685.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Huntingburg, IN6,3018712.7%
      White Oak, TX6,301991.1%
      St. Paul County No. 19, AB6,300n/a 
      East Greenbush, NY6,29911212.3%
      Solvay, NY6,299937.5%
      Wailua Homesteads, HI6,30118685.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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