Cost of living in Waimalu 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 Waimalu 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 Waimalu is 161, with 100 being the average.
The cost of living index in Waimalu is 1.6x higher than the national average.
Waimalu ranks as the #8 cheapest in Hawaii out of 50.
Waimalu ranks as the #6,015 cheapest out of 6,412 in the US.
The median home value in Waimalu is $466,900.
The median income in Waimalu is $80,613.
According to the most recent data on the cost of living, Waimalu has an overall cost of living index of 161, which is 1.6x higher than the national index of 100.
Compared to Hawaii, Waimalu has a cost of living index that's 0.9x lower than Hawaii's index of 181.
The standard of living in Waimalu ranks as #8 most affordable out of the 50 places we measured in Hawaii. By definition, that implies Waimalu ranks as the #42 most expensive place in the Aloha State.
For more reading on life in Waimalu, check out:
Six factors go into calculating the cost of living index in Waimalu. Here is how it fairs on each of the criteria:
The Services index in Waimalu is 128.
The Groceries index in Waimalu is 170.
The Health index in Waimalu is 112.
The Housing index in Waimalu is 194.
The Transportation index in Waimalu is 146.
The Utilities index in Waimalu is 203.
Living Expense | Waimalu | Hawaii | National Average | |
---|---|---|---|---|
Overall | 161 | 181 | 100 | |
Services | 128 | 126 | 100 | |
Groceries | 170 | 132 | 100 | |
Health | 112 | 119 | 100 | |
Housing | 194 | 314 | 100 | |
Transportation | 146 | 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 Waimalu is $466,900.
The Median Rent in Waimalu is $1,794.
The Median Income in Waimalu is $80,613.
The Home Value To Income in Waimalu is 5.8x.
The Rent To Monthly Income in Waimalu is 0.27x.
Statistic | Waimalu | Hawaii | United States |
---|---|---|---|
Median Home Value | $466,900 | $662,100 | $244,900 |
Median Rent | $1,794 | $1,755 | $1,163 |
Median Income | $80,613 | $88,005 | $69,021 |
Home Value To Income | 5.8x | 7.5x | 3.5x |
Rent To Monthly Income | 0.27x | 0.24x | 0.2x |
The cost of living varies in the cities and towns around Waimalu. Here's a quick look at the cost of living in the most populous nearby places:
East Honolulu, HI has a cost of living index of 223, 1.4x Waimalu.
Waipahu, HI has a cost of living index of 181, 1.1x Waimalu.
Kaneohe, HI has a cost of living index of 196, 1.2x Waimalu.
City | Population | Cost Of Living | Vs. Waimalu |
---|---|---|---|
East Honolulu, HI | 50,076 | 223 | 1.4x |
Waipahu, HI | 39,927 | 181 | 1.1x |
Kaneohe, HI | 34,509 | 196 | 1.2x |
Kapolei, HI | 23,248 | 173 | 1.1x |
Mililani Mauka, HI | 21,657 | 194 | 1.2x |
Ocean Pointe, HI | 16,676 | 196 | 1.2x |
Halawa, HI | 14,990 | 192 | 1.2x |
Royal Kunia, HI | 14,390 | 191 | 1.2x |
Waipio, HI | 10,989 | 176 | 1.1x |
Hickam Housing, HI | 10,022 | 193 | 1.2x |