Aiea cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAieaHawaiiNational
Cost of living index199175100
IndexAieaHawaiiNational
Goods & Services index125127100
Groceries index164155100
Health care index113115100
Housing index328247100
Transportation index134134100
Utilities index202207100
Here we can see a simple outline of the cost of living in Aiea, HI. As you can see, with the average cost of living in Aiea, HI being 199, that puts it 14% higher than the average of Hawaii and 99% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Aiea, HI, the price of goods and services are 1% lower than the average of Hawaii as well as 25% higher than the nation's average.

Did you know?

  • The cost of living in Aiea is 14% higher than the Hawaii average.
  • The cost of living in Aiea is 99% higher than the national average.
  • The cost of housing in Aiea is 228% higher than the national average.
  • Hawaii general sales tax is 21% lower than the national average.
  • Hawaii state income tax is 37% lower than the national average.

Find Real Estate Listings In Aiea

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Aiea

Compare Aiea, HI Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current income in Aiea, HI to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Aiea, HI, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Aiea, HI salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$115,500$9,625$2,695$3,465
Renters$80,368$6,697$1,875$2,411
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Aiea, HI, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Aiea, HI homeowners have a median income of $115,500. Using that number, you will come up with a maximum of $2,695 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $80,368, which means there is a maximum of $1,875 to be spent on the costs of renting a home or apartment.

Hawaii Sales Tax

StateGeneral Sales TaxWith Max Surtax
Hawaii4%4.5%

Hawaii Income Tax

StateIncome Tax (Low)Income Tax (High)
Hawaii1.4%11%
For those who live in Aiea, HI and want to know what the true cost of living is, they ought to look at both the Hawaii income tax rate and the Hawaii sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Hawaii, the sales tax is 4%, while the most you'll pay in surtax is 4.5%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Hawaii, the income tax rate ranges between 1.4% to 11%.

Goods & Services

ItemAieaNational avg.Difference
Haircut $16.00$15.562.8%
Beauty Salon $53.37$36.1147.8%
Toothpaste $3.66$2.4748.2%
Shampoo $1.72$0.9678.2%
Movie $11.71$10.1315.6%
Bowling $3.85$4.7418.7%

Groceries

ItemAieaNational avg.Difference
Ground Beef $4.88$3.9822.4%
Fried Chicken $2.16$1.4153.7%
Milk $3.79$2.0683.5%
Potatoes $5.38$2.9880.5%
Pizza $11.99$9.4726.6%
Beer $8.76$8.790.4%

Health Care

ItemAieaNational avg.Difference
Optometrist $146.94$101.0445.4%
Doctor $110.63$107.443.0%
Dentist $94.66$90.424.7%
Ibuprofen $13.56$9.2846.1%
Lipitor $477.26$426.5011.9%

Housing

ItemAieaNational avg.Difference
Home Price $666,300.00$175,700.00279.2%
Avg. Mortgage Payment $3,634.21$1,133.23220.7%
Apartment Rent $1,928.00$920.00109.6%

Transportation

ItemAieaNational avg.Difference
Gasoline $2.58$1.9929.2%
Tire Balancing $65.52$45.7643.2%

Utilities

ItemAieaNational avg.Difference
All Electricity$455.51$163.81178.1%
Phone $28.95$28.392.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Nanakuli, HI12,18114646%
Kailua, HI12,72715454%
Waipio Acres, HI4,80715656%
Waimanalo Beach, HI4,43915757%
Waimalu, HI12,68015959%
Aiea, HI9,18119999%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Prineville, OR9,18498-2%
Fort Irwin, CA9,19111212%
Edgewater, MD9,19213232%
Gifford, FL9,1691011%
Port Townsend, WA9,16812222%
Aiea, HI9,18119999%
Source: The Aiea, HI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.