Cost of living in Lahaina research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lahaina is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Hawaii, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lahaina is 177, with 100 being the average.
The cost of living index in Lahaina is 1.8x higher than the national average.
Lahaina ranks as the #27 cheapest in Hawaii out of 50.
Lahaina ranks as the #6,193 cheapest out of 6,412 in the US.
The median home value in Lahaina is $720,500.
The median income in Lahaina is $80,035.
According to the most recent data on the cost of living, Lahaina has an overall cost of living index of 177, which is 1.8x higher than the national index of 100.
Compared to Hawaii, Lahaina has a cost of living index that's 1.0x lower than Hawaii's index of 181.
The standard of living in Lahaina ranks as #27 most affordable out of the 50 places we measured in Hawaii. By definition, that implies Lahaina ranks as the #23 most expensive place in the Aloha State.
For more reading on life in Lahaina, check out:
Six factors go into calculating the cost of living index in Lahaina. Here is how it fairs on each of the criteria:
The Services index in Lahaina is 129.
The Groceries index in Lahaina is 170.
The Health index in Lahaina is 115.
The Housing index in Lahaina is 251.
The Transportation index in Lahaina is 147.
The Utilities index in Lahaina is 204.
Living Expense | Lahaina | Hawaii | National Average | |
---|---|---|---|---|
Overall | 177 | 181 | 100 | |
Services | 129 | 126 | 100 | |
Groceries | 170 | 132 | 100 | |
Health | 115 | 119 | 100 | |
Housing | 251 | 314 | 100 | |
Transportation | 147 | 131 | 100 | |
Utilities | 204 | 140 | 100 |
Housing swings affordability the most between places in Hawaii, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Lahaina is $720,500.
The Median Rent in Lahaina is $1,692.
The Median Income in Lahaina is $80,035.
The Home Value To Income in Lahaina is 9.0x.
The Rent To Monthly Income in Lahaina is 0.25x.
Statistic | Lahaina | Hawaii | United States |
---|---|---|---|
Median Home Value | $720,500 | $662,100 | $244,900 |
Median Rent | $1,692 | $1,755 | $1,163 |
Median Income | $80,035 | $88,005 | $69,021 |
Home Value To Income | 9.0x | 7.5x | 3.5x |
Rent To Monthly Income | 0.25x | 0.24x | 0.2x |
The cost of living varies in the cities and towns around Lahaina. Here's a quick look at the cost of living in the most populous nearby places:
Kahului, HI has a cost of living index of 171, 1.0x Lahaina.
Kihei, HI has a cost of living index of 169, 1.0x Lahaina.
Wailuku, HI has a cost of living index of 165, 0.9x Lahaina.
City | Population | Cost Of Living | Vs. Lahaina |
---|---|---|---|
Kahului, HI | 27,938 | 171 | 1.0x |
Kihei, HI | 22,840 | 169 | 1.0x |
Wailuku, HI | 15,670 | 165 | 0.9x |
Waihee-Waiehu, HI | 11,059 | 163 | 0.9x |
Napili-Honokowai, HI | 6,762 | 167 | 0.9x |