Cost of living in Waikoloa Village 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 Waikoloa Village 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 Waikoloa Village is 160, with 100 being the average.
The cost of living index in Waikoloa Village is 1.6x higher than the national average.
Waikoloa Village ranks as the #7 cheapest in Hawaii out of 50.
Waikoloa Village ranks as the #6,005 cheapest out of 6,412 in the US.
The median home value in Waikoloa Village is $520,200.
The median income in Waikoloa Village is $84,177.
According to the most recent data on the cost of living, Waikoloa Village has an overall cost of living index of 160, which is 1.6x higher than the national index of 100.
Compared to Hawaii, Waikoloa Village has a cost of living index that's 0.9x lower than Hawaii's index of 181.
The standard of living in Waikoloa Village ranks as #7 most affordable out of the 50 places we measured in Hawaii. By definition, that implies Waikoloa Village ranks as the #43 most expensive place in the Aloha State.
For more reading on life in Waikoloa Village, check out:
Six factors go into calculating the cost of living index in Waikoloa Village. Here is how it fairs on each of the criteria:
The Services index in Waikoloa Village is 130.
The Groceries index in Waikoloa Village is 153.
The Health index in Waikoloa Village is 121.
The Housing index in Waikoloa Village is 189.
The Transportation index in Waikoloa Village is 144.
The Utilities index in Waikoloa Village is 204.
Living Expense | Waikoloa Village | Hawaii | National Average | |
---|---|---|---|---|
Overall | 160 | 181 | 100 | |
Services | 130 | 126 | 100 | |
Groceries | 153 | 132 | 100 | |
Health | 121 | 119 | 100 | |
Housing | 189 | 314 | 100 | |
Transportation | 144 | 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 Waikoloa Village is $520,200.
The Median Rent in Waikoloa Village is $1,691.
The Median Income in Waikoloa Village is $84,177.
The Home Value To Income in Waikoloa Village is 6.2x.
The Rent To Monthly Income in Waikoloa Village is 0.24x.
Statistic | Waikoloa Village | Hawaii | United States |
---|---|---|---|
Median Home Value | $520,200 | $662,100 | $244,900 |
Median Rent | $1,691 | $1,755 | $1,163 |
Median Income | $84,177 | $88,005 | $69,021 |
Home Value To Income | 6.2x | 7.5x | 3.5x |
Rent To Monthly Income | 0.24x | 0.24x | 0.2x |
Item | Waikoloa Village | Hawaii |
---|---|---|
Shampoo | $1.72 | $1.06 |
Movie | $10.04 | $10.68 |
Bowling | $13.87 | $14.67 |
Haircut | $12.17 | $18.62 |
Beauty Salon | $31.47 | $39.05 |
Item | Waikoloa Village | Hawaii |
---|---|---|
Ground Beef | $4.25 | $4.22 |
Fried Chicken | $2.19 | $1.39 |
Milk | $3.21 | $2.05 |
Potatoes | $4.25 | $3.29 |
Pizza | $12.3 | $10.62 |
Beer | $7.78 | $9.38 |
Toothpaste | $4.08 | $2.34 |
Item | Waikoloa Village | Hawaii |
---|---|---|
Optometrist | $136.85 | $108.57 |
Doctor | $133.68 | $116.17 |
Dentist | $112.79 | $99.13 |
Item | Waikoloa Village | Hawaii |
---|---|---|
Gasoline | $3.16 | $2.22 |
Tire Balancing | $72.96 | $50.07 |
Item | Waikoloa Village | Hawaii |
---|---|---|
All Electricity | $431.66 | $167.67 |
Phone | $39.39 | $175.64 |