F
87%
Overall NAT. AVG.
27%
Goods & Services NAT. AVG.
220%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Mililani Town Hawaii National
Cost of living187173100
Goods & Services127130100
Groceries117137100
Health care123126100
Housing320250100
Transportation135143100
Utilities151180100

An Overview of Cost of Living in Mililani Town, HI

Understanding the cost of living in Mililani Town can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Mililani Town cost of living index is 187, which is 87% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Mililani Town is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Mililani Town falls into this category, which may not align with your goal of finding a budget-friendly living environment.

Housing costs are a major factor in the Mililani Town cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 219.9% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.

Everyday goods and services make up 33% of the cost of living index and include things like clothing, personal hygiene products and entertainment which are a large portion of your monthly expenditures. Unfortunately, Mililani Town goods and services are 26.8% more expensive than the national average, leaving you with less money at the end of the month.

The substantial and relentless rise in grocery prices definitely warrants some attention. Over the past two years, grocery expenses have escalated by more than 10%. Having said that, the situation in Mililani Town is even less favorable, with grocery prices here being 16.7% higher than the national average.

Is Mililani Town Affordable?

Is Mililani Town affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Mililani Town, the median home price is 270.2% higher than the national average and monthly rent prices are 102.5% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Mililani Town boasting a median household income of $104,409, 88.7% higher than the national average.

What Factors can Influence the Cost of Living in Mililani Town?

Utilities: Similar to the prices of any other goods or services, utility expenditures can exhibit substantial variability, influenced by factors such as climate, energy sources accessibility, geographical location and state regulations. Costs related to electricity, water, heating, and waste disposal can fluctuate, whether higher or lower, contingent on the city or state. In Mililani Town, the utilities index is 51.3% higher than the national average.

Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Mililani Town, the housing index comes in at 219.9% higher than the national average.

Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Mililani Town, healthcare costs are 23.1% higher than the national average.

Where is the Data From?

The Mililani Town cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Mililani Town is 8% higher than the Hawaii average
  • The cost of living in Mililani Town is 87% higher than the national average
  • Mililani Town housing is 220% higher than the national average
  • Hawaii general sales tax is 22% lower than the national average
  • Hawaii state income tax is 38% lower than the national average

Most Affordable Places to Live in and Around Mililani Town

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Compare Mililani Town, HI Cost of Living

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      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$115,204$9,600$2,688$3,456
      Renters$65,331$5,444$1,524$1,960
      A good indicator of the general affordability of housing in Mililani Town, HI, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Mililani Town, the median monthly income is $115,204 for those who own their own homes. Under the standard rule, that income level would allow for $2,688 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $65,331, per the median income in the area. That would allow for renters to spend up to $1,524 on monthly rental expenses.

      Hawaii Sales Tax

      State General Sales Tax With Max Surtax
      Hawaii 4% 4.712%

      Hawaii Income Tax

      State Income Tax (Low) Income Tax (High)
      Hawaii 1.4% 11%

      Goods & Services

      Item Mililani Town National avg. Difference
      Haircut $19.47$24.2619.8%
      Beauty Salon $76.67$45.5668.3%
      Toothpaste $3.68$3.700.6%
      Shampoo $1.73$1.2834.8%
      Movie $15.08$12.1324.3%
      Bowling $25.33$18.0040.7%

      Groceries

      Item Mililani Town National avg. Difference
      Ground Beef $5.42$5.847.2%
      Fried Chicken $2.85$1.5781.0%
      Milk $5.38$4.6715.1%
      Potatoes $5.94$4.9320.4%
      Pizza $14.99$12.0924.0%
      Beer $12.01$10.4115.4%

      Health Care

      Item Mililani Town National avg. Difference
      Optometrist $236.67$125.6888.3%
      Doctor $191.36$135.7840.9%
      Dentist $114.44$113.291.0%
      Ibuprofen $11.35$10.656.6%
      Lipitor $573.90$468.6022.5%

      Housing

      Item Mililani Town National avg. Difference
      Home Price $683,700.00$184,700.00270.2%
      Avg. Mortgage Payment $8,008.77$2,346.69241.3%
      Apartment Rent $1,922.00$949.00102.5%

      Transportation

      Item Mililani Town National avg. Difference
      Gasoline $4.80$3.4638.8%
      Tire Balancing $75.37$59.9225.8%

      Utilities

      Item Mililani Town National avg. Difference
      All Electricity $359.53$193.9985.3%
      Phone $184.47$192.254.0%
      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 Population Cost of Living Index National Avg.
      Waianae, HI13,19214545.1%
      Makaha, HI10,08714646.3%
      Nanakuli, HI11,37915049.9%
      Waipio Acres, HI5,55615757.2%
      Waimalu, HI13,71415958.8%
      Mililani Town, HI27,45918786.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Millville, NJ27,4851000.5%
      King, ON27,487n/a 
      Huntley, IL27,4131076.8%
      Westport, CT27,511220119.6%
      Oak Forest, IL27,4031044.4%
      Mililani Town, HI27,45918786.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.