Cost of living in Makakilo 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 Makakilo 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 Makakilo is 187, with 100 being the average.
The cost of living index in Makakilo is 1.9x higher than the national average.
Makakilo ranks as the #35 cheapest in Hawaii out of 50.
Makakilo ranks as the #6,256 cheapest out of 6,412 in the US.
The median home value in Makakilo is $670,100.
The median income in Makakilo is $119,449.
According to the most recent data on the cost of living, Makakilo has an overall cost of living index of 187, which is 1.9x higher than the national index of 100.
Compared to Hawaii, Makakilo has a cost of living index that's 1.0x higher than Hawaii's index of 181.
The standard of living in Makakilo ranks as #35 most affordable out of the 50 places we measured in Hawaii. By definition, that implies Makakilo ranks as the #15 most expensive place in the Aloha State.
For more reading on life in Makakilo, check out:
Six factors go into calculating the cost of living index in Makakilo. Here is how it fairs on each of the criteria:
The Services index in Makakilo is 126.
The Groceries index in Makakilo is 172.
The Health index in Makakilo is 115.
The Housing index in Makakilo is 276.
The Transportation index in Makakilo is 147.
The Utilities index in Makakilo is 203.
Living Expense | Makakilo | Hawaii | National Average | |
---|---|---|---|---|
Overall | 187 | 181 | 100 | |
Services | 126 | 126 | 100 | |
Groceries | 172 | 132 | 100 | |
Health | 115 | 119 | 100 | |
Housing | 276 | 314 | 100 | |
Transportation | 147 | 131 | 100 | |
Utilities | 203 | 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 Makakilo is $670,100.
The Median Rent in Makakilo is $2,031.
The Median Income in Makakilo is $119,449.
The Home Value To Income in Makakilo is 5.6x.
The Rent To Monthly Income in Makakilo is 0.2x.
Statistic | Makakilo | Hawaii | United States |
---|---|---|---|
Median Home Value | $670,100 | $662,100 | $244,900 |
Median Rent | $2,031 | $1,755 | $1,163 |
Median Income | $119,449 | $88,005 | $69,021 |
Home Value To Income | 5.6x | 7.5x | 3.5x |
Rent To Monthly Income | 0.2x | 0.24x | 0.2x |
The cost of living varies in the cities and towns around Makakilo. Here's a quick look at the cost of living in the most populous nearby places:
Waipahu, HI has a cost of living index of 181, 1.0x Makakilo.
Kaneohe, HI has a cost of living index of 196, 1.0x Makakilo.
Ewa Gentry, HI has a cost of living index of 175, 0.9x Makakilo.
City | Population | Cost Of Living | Vs. Makakilo |
---|---|---|---|
Waipahu, HI | 39,927 | 181 | 1.0x |
Kaneohe, HI | 34,509 | 196 | 1.0x |
Ewa Gentry, HI | 28,125 | 175 | 0.9x |
Kapolei, HI | 23,248 | 173 | 0.9x |
Mililani Mauka, HI | 21,657 | 194 | 1.0x |
Ocean Pointe, HI | 16,676 | 196 | 1.0x |
Royal Kunia, HI | 14,390 | 191 | 1.0x |
Nanakuli, HI | 12,587 | 152 | 0.8x |
Aiea, HI | 9,527 | 204 | 1.1x |
Ahuimanu, HI | 8,943 | 189 | 1.0x |