Schofield Barracks 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.
IndexSchofield BarracksHawaiiNational
Cost of living index166175100
IndexSchofield BarracksHawaiiNational
Goods & Services index125127100
Groceries index164155100
Health care index113115100
Housing index218247100
Transportation index134134100
Utilities index202207100
The above illustration supplies generalized information for the Schofield Barracks, HI cost of living index. Compared to other cities in Hawaii and cities across the country, the cost of living index in Schofield Barracks, HI is 166, which is 5% lower than the Hawaii average and 66% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Schofield Barracks, HI are 1% lower than the average for Hawaii and 25% higher than the rest of the country.

Did you know?

  • The cost of living in Schofield Barracks is 5% lower than the Hawaii average.
  • The cost of living in Schofield Barracks is 66% higher than the national average.
  • The cost of housing in Schofield Barracks 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 Schofield Barracks, HI Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Health care index
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The salary calculator allows you to compare how much your current salary in Schofield Barracks, 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 Schofield Barracks, HI, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Schofield Barracks, 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$51,584$4,299$1,204$1,548
If you want to find a good determining factor for the cost of living and the general affordability of housing in Schofield Barracks, HI, all you must look at 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 Schofield Barracks, HI, the median monthly income is $0 for those who own their own homes. Under the standard rule, that income level would allow for $0 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $51,584, per the median income in the area. That would allow for renters to spend up to $1,204 on monthly rental expenses.

Hawaii Sales Tax

StateGeneral Sales TaxWith Max Surtax
Hawaii4%4.5%

Hawaii Income Tax

StateIncome Tax (Low)Income Tax (High)
Hawaii1.4%11%
When considering the overall cost of living expenses in Schofield Barracks, HI, it's important to take into account the sales tax for Hawaii, as well as the rate for income tax in Hawaii. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Hawaii is 4.5%, and the sales tax in the state of Hawaii is 4%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Hawaii starts from 1.4% and goes up to 11%.

Goods & Services

ItemSchofield BarracksNational 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

ItemSchofield BarracksNational 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

ItemSchofield BarracksNational 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

ItemSchofield BarracksNational avg.Difference
Home Price $0.00$175,700.00100.0%
Avg. Mortgage Payment $3,634.21$1,133.23220.7%
Apartment Rent $2,001.00$920.00117.5%

Transportation

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

Utilities

ItemSchofield BarracksNational 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.
Makaha Valley, HI1,30713131%
Nanakuli, HI12,18114646%
Makaha, HI8,66314949%
Waianae, HI12,69415050%
Waipio Acres, HI4,80715656%
Schofield Barracks, HI19,52516666%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Weirton, WV19,52383-17%
Lynbrook, NY19,51716161%
Evans, CO19,53598-2%
Amherst Center, MA19,54312727%
Warrensburg, MO19,54893-7%
Schofield Barracks, HI19,52516666%
Source: The Schofield Barracks, HI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.