Waikoloa Village 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.
IndexWaikoloa VillageHawaiiNational
Cost of living index167179100
IndexWaikoloa VillageHawaiiNational
Goods & Services index130126100
Groceries index158156100
Health care index112111100
Housing index199247100
Transportation index153153100
Utilities index238227100
The above illustration supplies generalized information for the Waikoloa Village, HI cost of living index. Compared to other cities in Hawaii and cities across the country, the cost of living index in Waikoloa Village, HI is 167, which is 7% lower than the Hawaii average and 67% 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 Waikoloa Village, HI are 3% higher than the average for Hawaii and 30% higher than the rest of the country.

Did you know?

  • The cost of living in Waikoloa Village is 7% lower than the Hawaii average.
  • The cost of living in Waikoloa Village is 67% higher than the national average.
  • The cost of housing in Waikoloa Village is 99% 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 Waikoloa Village, HI Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
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Groceries index
Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Waikoloa Village, HI to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Waikoloa Village, HI, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Waikoloa Village, HI salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$79,231$6,603$1,849$2,377
Renters$72,188$6,016$1,684$2,166
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Waikoloa Village, HI, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Waikoloa Village, HI has a median income of about $79,231 for people who own homes. Based on that number, a person should spend a maximum of $1,849 on expenses related to housing. Renters have a slightly different median income, which is $72,188. Based on this average, renters should spend no more than $1,684 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Hawaii Sales Tax

StateGeneral Sales TaxWith Max Surtax
Hawaii4%4.5%

Hawaii Income Tax

StateIncome Tax (Low)Income Tax (High)
Hawaii1.4%11%
When assessing the complete cost of living in Waikoloa Village, HI, the Hawaii income tax and the Hawaii sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Hawaii maximum surtax is 4.5%, and the Hawaii sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1.4% to 11% in Hawaii.

Goods & Services

ItemWaikoloa VillageNational avg.Difference
Haircut $11.50$14.5921.2%
Beauty Salon $30.00$34.6813.5%
Toothpaste $4.07$2.4764.6%
Shampoo $1.63$1.0259.5%
Movie $9.97$9.871.0%
Bowling $12.00$4.39173.2%

Groceries

ItemWaikoloa VillageNational avg.Difference
Ground Beef $4.13$4.487.7%
Fried Chicken $1.98$1.4635.2%
Milk $3.09$2.3631.1%
Potatoes $4.31$3.0640.8%
Pizza $11.99$9.2429.7%
Beer $7.85$8.639.1%

Health Care

ItemWaikoloa VillageNational avg.Difference
Optometrist $135.33$99.7835.6%
Doctor $125.67$105.0319.6%
Dentist $106.67$88.7020.3%
Ibuprofen $12.65$9.4134.4%
Lipitor $232.33$298.5022.2%

Housing

ItemWaikoloa VillageNational avg.Difference
Home Price $383,800.00$175,700.00118.4%
Avg. Mortgage Payment $1,706.92$1,081.0357.9%
Apartment Rent $1,424.00$920.0054.8%

Transportation

ItemWaikoloa VillageNational avg.Difference
Gasoline $3.19$2.0952.6%
Tire Balancing $70.00$45.2954.6%

Utilities

ItemWaikoloa VillageNational avg.Difference
All Electricity$530.16$170.80210.4%
Phone $38.99$28.2638.0%
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.
Kukuihaele, HI39614949%
Waimea, HI9,64216767%
Kalaoa, HI10,25717070%
Puako, HI724239139%
Waikoloa Village, HI6,84116767%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Darnestown, MD6,84116969%
Withamsville, OH6,84189-11%
Franklin, CA6,84099-1%
Hamilton, AL6,84278-22%
Winters, CA6,84312020%
Waikoloa Village, HI6,84116767%
Source: The Waikoloa Village, HI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.