Cost of living in Wailua Homesteads 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 Wailua Homesteads 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 Wailua Homesteads is 182, with 100 being the average.
The cost of living index in Wailua Homesteads is 1.8x higher than the national average.
Wailua Homesteads ranks as the #30 cheapest in Hawaii out of 50.
Wailua Homesteads ranks as the #6,225 cheapest out of 6,412 in the US.
The median home value in Wailua Homesteads is $729,100.
The median income in Wailua Homesteads is $109,940.
According to the most recent data on the cost of living, Wailua Homesteads has an overall cost of living index of 182, which is 1.8x higher than the national index of 100.
Compared to Hawaii, Wailua Homesteads has a cost of living index that's 1.0x higher than Hawaii's index of 181.
The standard of living in Wailua Homesteads ranks as #30 most affordable out of the 50 places we measured in Hawaii. By definition, that implies Wailua Homesteads ranks as the #20 most expensive place in the Aloha State.
For more reading on life in Wailua Homesteads, check out:
Six factors go into calculating the cost of living index in Wailua Homesteads. Here is how it fairs on each of the criteria:
The Services index in Wailua Homesteads is 127.
The Groceries index in Wailua Homesteads is 171.
The Health index in Wailua Homesteads is 115.
The Housing index in Wailua Homesteads is 263.
The Transportation index in Wailua Homesteads is 147.
The Utilities index in Wailua Homesteads is 202.
Living Expense | Wailua Homesteads | Hawaii | National Average | |
---|---|---|---|---|
Overall | 182 | 181 | 100 | |
Services | 127 | 126 | 100 | |
Groceries | 171 | 132 | 100 | |
Health | 115 | 119 | 100 | |
Housing | 263 | 314 | 100 | |
Transportation | 147 | 131 | 100 | |
Utilities | 202 | 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 Wailua Homesteads is $729,100.
The Median Rent in Wailua Homesteads is $1,859.
The Median Income in Wailua Homesteads is $109,940.
The Home Value To Income in Wailua Homesteads is 6.6x.
The Rent To Monthly Income in Wailua Homesteads is 0.2x.
Statistic | Wailua Homesteads | Hawaii | United States |
---|---|---|---|
Median Home Value | $729,100 | $662,100 | $244,900 |
Median Rent | $1,859 | $1,755 | $1,163 |
Median Income | $109,940 | $88,005 | $69,021 |
Home Value To Income | 6.6x | 7.5x | 3.5x |
Rent To Monthly Income | 0.2x | 0.24x | 0.2x |
Item | Wailua Homesteads | Hawaii |
---|---|---|
Shampoo | $1.65 | $1.06 |
Movie | $12.94 | $10.68 |
Bowling | $20.07 | $14.67 |
Haircut | $16.4 | $18.62 |
Beauty Salon | $70.0 | $39.05 |
Item | Wailua Homesteads | Hawaii |
---|---|---|
Ground Beef | $5.63 | $4.22 |
Fried Chicken | $2.45 | $1.39 |
Milk | $4.31 | $2.05 |
Potatoes | $9.94 | $3.29 |
Pizza | $14.99 | $10.62 |
Beer | $9.79 | $9.38 |
Toothpaste | $3.13 | $2.34 |
Item | Wailua Homesteads | Hawaii |
---|---|---|
Optometrist | $195.37 | $108.57 |
Doctor | $145.88 | $116.17 |
Dentist | $86.68 | $99.13 |
Item | Wailua Homesteads | Hawaii |
---|---|---|
Gasoline | $3.3 | $2.22 |
Tire Balancing | $66.85 | $50.07 |
Item | Wailua Homesteads | Hawaii |
---|---|---|
All Electricity | $470.38 | $167.67 |
Phone | $178.27 | $175.64 |
The cost of living varies in the cities and towns around Wailua Homesteads. Here's a quick look at the cost of living in the most populous nearby places:
Kapaa, HI has a cost of living index of 172, 0.9x Wailua Homesteads.
Lihue, HI has a cost of living index of 176, 1.0x Wailua Homesteads.