Hickam Housing 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.
IndexHickam HousingHawaiiNational
Cost of living index167179100
IndexHickam HousingHawaiiNational
Goods & Services index122126100
Groceries index154156100
Health care index110111100
Housing index218247100
Transportation index153153100
Utilities index217227100
Here we can see a simple outline of the cost of living in Hickam Housing, HI. As you can see, with the average cost of living in Hickam Housing, HI being 167, that puts it 6% lower than the average of Hawaii and 67% 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 Hickam Housing, HI, the price of goods and services are 3% lower than the average of Hawaii as well as 22% higher than the nation's average.

Did you know?

  • The cost of living in Hickam Housing is 6% lower than the Hawaii average.
  • The cost of living in Hickam Housing is 67% higher than the national average.
  • The cost of housing in Hickam Housing is 118% 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.

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Compare Hickam Housing, 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
The salary calculator allows you to compare how much your current salary in Hickam Housing, HI would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Hickam Housing, HI, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Hickam Housing, HI salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$0$0$0$0
Renters$73,218$6,102$1,708$2,197
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Hickam Housing, 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 Hickam Housing, HI homeowners have a median income of $0. Using that number, you will come up with a maximum of $0 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $73,218, which means there is a maximum of $1,708 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%
The Hawaii sales tax and Hawaii income tax rates should definitely be considered when determining the overall cost of living in Hickam Housing, HI. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Hawaii sales tax is 4% and the maximum surtax is 4.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Hawaii income tax rates range from 1.4% to 11%.

Goods & Services

ItemHickam HousingNational avg.Difference
Haircut $15.80$14.598.3%
Beauty Salon $51.00$34.6847.1%
Toothpaste $3.69$2.4749.2%
Shampoo $1.52$1.0248.7%
Movie $11.30$9.8714.5%
Bowling $3.60$4.3918.0%

Groceries

ItemHickam HousingNational avg.Difference
Ground Beef $4.97$4.4811.0%
Fried Chicken $2.19$1.4649.6%
Milk $3.67$2.3655.7%
Potatoes $6.48$3.06111.7%
Pizza $11.99$9.2429.7%
Beer $8.69$8.630.7%

Health Care

ItemHickam HousingNational avg.Difference
Optometrist $159.23$99.7859.6%
Doctor $119.55$105.0313.8%
Dentist $101.93$88.7014.9%
Ibuprofen $13.62$9.4144.7%
Lipitor $223.59$298.5025.1%

Housing

ItemHickam HousingNational avg.Difference
Home Price $0.00$175,700.00100.0%
Avg. Mortgage Payment $3,260.98$1,081.03201.7%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemHickam HousingNational avg.Difference
Gasoline $3.35$2.0960.0%
Tire Balancing $60.40$45.2933.4%

Utilities

ItemHickam HousingNational avg.Difference
All Electricity$509.58$170.80198.4%
Phone $28.95$28.262.5%
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.
Makaha Valley, HI1,30713232%
Nanakuli, HI12,18114747%
Waianae, HI12,69415151%
Kailua, HI12,72715555%
Waipio Acres, HI4,80715757%
Hickam Housing, HI8,57316767%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Elwood, IN8,56981-19%
Oak Hills Place, LA8,5681077%
Itasca, IL8,57912121%
Waterford, CA8,5791033%
Blacklick Estates, OH8,58086-14%
Hickam Housing, HI8,57316767%
Source: The Hickam Housing, HI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.