Cheapest Places to Live in Hawaii

Hawaii, with its stunning islands, vibrant culture, and rich history, offers a unique and appealing living experience. The state is home to landmarks such as Pearl Harbor, Waikiki Beach, and the Hawaii Volcanoes National Park. The state's economy is heavily influenced by tourism, agriculture, and defense, providing a diverse range of economic opportunities. However, Hawaii is also known for its high cost of living, driven by expensive housing, imported goods, and services. Despite recent inflation and rising food costs, there are still areas within Hawaii where affordable living can be found, particularly in regions away from the major tourist centers. Hawaii's tax structure includes moderate income taxes and relatively high property taxes, which can impact overall affordability.

Affordable living in Hawaii can often be found in smaller towns and rural communities where housing costs and everyday expenses are lower. These areas provide a more manageable cost of living, which is essential for maintaining financial stability. Affordability is a key factor in livability, as it allows residents to enjoy a comfortable lifestyle without excessive financial strain. Factors contributing to the cheapest places to live in Hawaii include lower housing demand in less populated areas, efficient local governance, and strong community support systems. Utilizing C2ER's cost of living data helps to identify these affordable regions, ensuring that potential residents can make informed decisions. In a state known for its natural beauty and cultural richness, finding affordable living options enhances the overall living experience.

Hawaiian Paradise Park Population: 11,253 14% cheaper than Hawaii average
Med. Home Value: $548,228 Med. Rent: $1,657 Med. Household Inc.: $113,098
With a cost of living index that is 14% cheaper than the state average, Hawaiian Paradise Park is the cheapest place to live in Hawaii. This area offers residents a remarkable blend of relatively low housing costs, budget-friendly grocery prices, affordable utilities, and economical health care services, making it an attractive destination for those seeking to stretch their dollars further. Whether you're a young professional, a growing family, or someone looking to enjoy a more relaxed pace of life, Hawaiian Paradise Park provides an inviting and cost-effective environment to call home.
Waianae Population: 13,612 14% cheaper than Hawaii average
Med. Home Value: $705,846 Med. Rent: $1,606 Med. Household Inc.: $101,203
The second most affordable city in Hawaii is Waianae and stands out for its cost-effective lifestyle. With an overall cost of living that is 14% cheaper than the Hawaii average, overall goods and services, housing, utilities, transportation and health care costs fall within a reasonable range. Median household income levels are steady and come in at , which helps to increase the purchasing power of the local residents.
Kailua CDP (Hawaii County) Population: 14,062 13% cheaper than Hawaii average
Med. Home Value: $724,030 Med. Rent: $1,676 Med. Household Inc.: $90,283
Kailua CDP (Hawaii County) lands in the #3 spot for the cheapest cities to live in Hawaii, with a cost of living that is 13% cheaper than the state average. With home prices averaging and rental rates coming in around , it helps that household income levels average about , which assists with paying the mortgage or your monthly rent. Its robust public school system and accessible health care further enhance its appeal, making it a great place to settle down. The strong community spirit and ample recreational opportunities add to its charm.
Makaha Population: 10,411 13% cheaper than Hawaii average
Med. Home Value: $663,393 Med. Rent: $2,335 Med. Household Inc.: $77,371
The cost of everyday grocery items, goods & services and of course housing, can have a significant impact on the overall cost of living in any area. Makaha offers a picturesque and affordable living environment, with a cost of living that is 13% cheaper than the state average. Everyday items like ground beef , eggs , coffee and pizza are all fairly reasonable compared to most other cities, which helps reduce those grocery bills. Home prices are also fairly affordable (compared to the state average), coming in at around .
Hilo Population: 47,057 12% cheaper than Hawaii average
Med. Home Value: $600,360 Med. Rent: $1,625 Med. Household Inc.: $97,378
For those wanting to live well on a budget, Hilo is ideal, with a cost of living that is 12% cheaper than the state average. Reasonable housing prices (compared to the Hawaii average) of and rental prices of are paired with economical goods and services and a range of free or low-cost recreational activities. The city's proactive economic development initiatives also ensure a steady stream of job opportunities, making it a smart choice for those prioritizing financial ease.
Nanakuli Population: 11,830 12% cheaper than Hawaii average
Med. Home Value: $699,000 Med. Rent: $2,341 Med. Household Inc.: $113,814
Nanakuli comes in at #6 on our list of the cheapest cities in Hawaii and is a haven for those seeking affordability without sacrificing convenience. The city is known for its discount shopping centers and budget-friendly dining options and has a cost of living that is 12% cheaper than Hawaii. The city's local markets provide fresh produce and other groceries at reduced prices, while parks and community centers offer free entertainment and leisure. This city is perfect for enjoying a high quality of life at a low cost.
Waipio Acres Population: 5,724 7% cheaper than Hawaii average
Med. Home Value: $814,953 Med. Rent: $2,553 Med. Household Inc.: $123,800
With its cost-effective lifestyle, Waipio Acres is an attractive destination for those looking to live affordably. The city boasts suitable housing costs, affordable healthcare, and a variety of budget-friendly dining options. The community is welcoming and vibrant, providing residents with a rich social life at a fraction of the cost. Median income levels come in at , which provides financial stability, purchasing power and increases the quality of life in the city.
Waimalu Population: 14,084 7% cheaper than Hawaii average
Med. Home Value: $811,780 Med. Rent: $2,647 Med. Household Inc.: $110,359
A lower cost of living allows individuals to manage their expenses more effectively, reducing the risk of financial stress and debt. When essential costs such as housing, food, transportation, and healthcare are more affordable, people can achieve greater financial stability and resilience. Waimalu fits that mold and has a cost of living that is 7% cheaper than Hawaii.
Kalaoa Population: 11,594 2% cheaper than Hawaii average
Med. Home Value: $881,086 Med. Rent: $1,782 Med. Household Inc.: $98,773
Lower living costs can lead to a higher quality of life by making it easier for people to afford comfortable housing, nutritious food, and access to healthcare. It can also provide opportunities for better education, recreational activities, and community engagement, contributing to overall well-being. Kalaoa is one of the most affordable cities in Hawaii, and has a cost of living that is 2% cheaper than the state average.
Waikoloa Village Population: 7,571 1% cheaper than Hawaii average
Med. Home Value: $828,089 Med. Rent: $2,408 Med. Household Inc.: $116,968
With a cost of living that is 1% cheaper than Hawaii, Waikoloa Village comes in at #10 on our list of the cheapest places to live in Hawaii. Financial stress is a significant factor affecting mental and physical health. By lowering the cost of living, individuals can experience reduced anxiety related to meeting monthly expenses, thereby improving overall health and well-being. The ability to afford basic necessities without constant worry contributes to a more balanced and fulfilling life.

Full list of the cheapest places in Hawaii

Rank Location Population COL Index Med. Home Value Med. Household Inc. 
1 Hawaiian Paradise Park 11,253 151 $548,228 $113,098
2 Waianae 13,612 151 $705,846 $101,203
3 Kailua CDP (Hawaii County) 14,062 153 $724,030 $90,283
4 Makaha 10,411 153 $663,393 $77,371
5 Hilo 47,057 154 $600,360 $97,378
6 Nanakuli 11,830 156 $699,000 $113,814
7 Waipio Acres 5,724 164 $814,953 $123,800
8 Waimalu 14,084 165 $811,780 $110,359
9 Kalaoa 11,594 173 $881,086 $98,773
10 Waikoloa Village 7,571 174 $828,089 $116,968
11 Wahiawa 16,989 174 $1,013,302 $102,108
12 Waimea 11,340 175 $819,285 $142,934
13 Maili 13,047 175 $901,026 $144,690
14 Ewa Villages 6,634 175 $1,091,588 $110,643
15 Waihee-Waiehu 10,988 175 $1,022,698 $162,280
16 Wailuku 17,886 177 $1,056,076 $112,588
17 Waipio 10,985 177 $988,665 $138,081
18 Kapaa 10,232 178 $1,057,284 $137,718
19 Kahului 30,867 180 $1,106,653 $126,278
20 Waikele 7,519 181 $989,109 $156,513
21 Kaneohe Station 11,404 182 $0 $75,459
22 Waimanalo 5,782 182 $1,142,330 $163,843
23 Ewa Gentry 27,203 182 $1,055,788 $169,562
24 Ewa Beach 14,135 182 $1,069,499 $144,885
25 Kapolei 22,175 183 $1,055,528 $169,206
26 Makawao 8,162 184 $1,154,543 $136,712
27 Lihue 9,314 184 $1,141,069 $120,072
28 Kihei 23,616 185 $1,143,441 $125,133
29 Waipahu 39,064 186 $1,197,324 $115,643
30 Iroquois Point 5,121 186 $0 $148,788
31 Schofield Barracks 18,724 186 $0 $93,226
32 Pukalani 7,890 189 $1,204,445 $157,301
33 Makakilo 20,024 189 $1,174,937 $167,082
34 West Loch Estate 6,844 190 $1,131,663 $162,256
35 Honolulu 358,765 190 $1,246,828 $108,740
36 Royal Kunia 14,269 190 $1,129,873 $176,233
37 Napili-Honokowai 7,050 192 $1,227,888 $130,458
38 Wailua Homesteads 6,462 193 $1,247,397 $155,034
39 Kalaheo 5,464 193 $1,305,125 $123,034
40 Mililani Town 28,249 195 $1,259,958 $158,184
41 Lahaina 13,680 196 $1,331,823 $115,429
42 Kahaluu-Keauhou 7,514 198 $1,190,367 $114,251
43 Pearl City 46,316 198 $1,279,000 $152,259
44 Hickam Housing 9,696 199 $0 $120,585
45 Ocean Pointe 16,005 200 $1,187,075 $178,535
46 Ahuimanu 8,529 201 $1,311,844 $166,025
47 Mililani Mauka 20,370 204 $1,351,872 $170,067
48 Halawa 14,247 206 $1,494,053 $137,363
49 Kaneohe 34,467 210 $1,487,606 $171,076
50 Haiku-Pauwela 9,392 214 $1,537,803 $127,226

Methodology

To formulate the list of the cheapest places to live in Hawaii, AreaVibes utilized comprehensive data from the Council for Community and Economic Research (C2ER) cost of living index. The report is released annually and offers a detailed comparison of living expenses across various urban areas. The data is meticulously gathered by over 300 independent researchers, ensuring a high level of accuracy and reliability. The C2ER index encompasses more than 60 goods and services, categorized into six essential areas that significantly impact the cost of living. These categories and their respective weightings in the index are as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%), and utilities (10%).

Map of Cost of Living by State

  • Well Below nat. avg.
  • Below nat. avg.
  • Similar to nat. avg.
  • Above nat. avg.
  • Well above nat. avg.

The map above is a great way to help you discover the most affordable states across the U.S. By highlighting states with the lowest cost of living, this map provides an in-depth look at where you can get the most value for your money. By visually representing this data, the map allows users to easily compare different regions and make informed decisions about potential relocations or investments. Additionally, it provides valuable insights into the economic conditions and lifestyle factors that influence these cost of living statistics. Whether you're planning a move, considering a new job, or simply curious about the economic landscape, this map is a useful resource for understanding and navigating the financial implications of living in different states.