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.

Waianae Population: 13,192 16% cheaper than Hawaii average
Med. Home Value: $389,700 Med. Rent: $1,074 Med. Household Inc.: $67,466
With a cost of living index that is 16% cheaper than the state average, Waianae 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, Waianae provides an inviting and cost-effective environment to call home.
Makaha Population: 10,087 15% cheaper than Hawaii average
Med. Home Value: $362,500 Med. Rent: $1,534 Med. Household Inc.: $51,278
The second most affordable city in Hawaii is Makaha and stands out for its cost-effective lifestyle. With an overall cost of living that is 15% 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: 13,617 14% cheaper than Hawaii average
Med. Home Value: $412,600 Med. Rent: $1,118 Med. Household Inc.: $61,629
Kailua CDP (Hawaii County) lands in the #3 spot for the cheapest cities to live in Hawaii, with a cost of living that is 14% 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.
Nanakuli Population: 11,379 13% cheaper than Hawaii average
Med. Home Value: $392,800 Med. Rent: $1,552 Med. Household Inc.: $77,448
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. Nanakuli 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 .
Hawaiian Paradise Park Population: 10,921 13% cheaper than Hawaii average
Med. Home Value: $307,400 Med. Rent: $1,115 Med. Household Inc.: $76,122
For those wanting to live well on a budget, Hawaiian Paradise Park is ideal, with a cost of living that is 13% 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.
Hilo Population: 45,248 11% cheaper than Hawaii average
Med. Home Value: $341,500 Med. Rent: $1,098 Med. Household Inc.: $65,727
Hilo 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 11% 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: 5,556 9% cheaper than Hawaii average
Med. Home Value: $447,200 Med. Rent: $1,665 Med. Household Inc.: $83,594
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: 13,714 8% cheaper than Hawaii average
Med. Home Value: $453,500 Med. Rent: $1,760 Med. Household Inc.: $75,560
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 8% cheaper than Hawaii.
Maili Population: 12,591 3% cheaper than Hawaii average
Med. Home Value: $493,000 Med. Rent: $2,204 Med. Household Inc.: $97,984
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. Maili is one of the most affordable cities in Hawaii, and has a cost of living that is 3% cheaper than the state average.
Ewa Villages Population: 6,452 3% cheaper than Hawaii average
Med. Home Value: $604,000 Med. Rent: $951 Med. Household Inc.: $74,344
With a cost of living that is 3% cheaper than Hawaii, Ewa Villages 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 Waianae 13,192 145 $389,700 $67,466
2 Makaha 10,087 146 $362,500 $51,278
3 Kailua CDP (Hawaii County) 13,617 148 $412,600 $61,629
4 Nanakuli 11,379 150 $392,800 $77,448
5 Hawaiian Paradise Park 10,921 151 $307,400 $76,122
6 Hilo 45,248 155 $341,500 $65,727
7 Waipio Acres 5,556 157 $447,200 $83,594
8 Waimalu 13,714 159 $453,500 $75,560
9 Maili 12,591 168 $493,000 $97,984
10 Ewa Villages 6,452 168 $604,000 $74,344
11 Wahiawa 16,442 168 $569,200 $69,818
12 Waihee-Waiehu 10,771 169 $572,900 $109,077
13 Wailuku 17,523 170 $586,300 $76,624
14 Waipio 10,745 170 $542,400 $91,458
15 Kapaa 9,961 171 $578,500 $92,571
16 Kalaoa 11,198 173 $489,400 $65,922
17 Kahului 29,993 173 $617,500 $83,238
18 Waikele 7,246 174 $536,400 $103,389
19 Waikoloa Village 7,366 174 $471,000 $76,991
20 Ewa Beach 13,803 175 $581,000 $97,118
21 Waimea 10,969 175 $462,800 $95,667
22 Waimanalo 5,599 175 $635,900 $109,620
23 Makawao 7,989 176 $630,700 $93,577
24 Kaneohe Station 11,072 176 $0 $51,631
25 Ewa Gentry 26,358 177 $594,500 $112,385
26 Kihei 22,749 177 $619,700 $84,708
27 Waipahu 38,276 177 $648,200 $78,351
28 Lihue 9,036 177 $635,700 $82,057
29 Kapolei 21,541 178 $598,200 $115,000
30 Schofield Barracks 18,276 179 $0 $62,183
31 Makakilo 19,565 181 $636,300 $111,036
32 Napili-Honokowai 6,870 183 $666,100 $86,048
33 West Loch Estate 6,685 184 $631,000 $109,965
34 Royal Kunia 13,857 184 $625,600 $116,035
35 Pukalani 7,689 185 $687,200 $107,461
36 Kalaheo 5,333 185 $715,500 $84,078
37 Honolulu 347,181 185 $707,400 $72,454
38 Wailua Homesteads 6,301 186 $684,600 $103,672
39 Mililani Town 27,459 187 $683,700 $104,409
40 Lahaina 13,216 188 $730,700 $76,951
41 Pearl City 45,159 189 $691,900 $101,517
42 Ahuimanu 8,254 193 $721,400 $109,750
43 Hickam Housing 9,463 193 $0 $81,136
44 Kahaluu-Keauhou 7,258 195 $647,200 $77,366
45 Mililani Mauka 19,808 195 $735,700 $115,551
46 Ocean Pointe 15,688 195 $671,500 $118,264
47 Halawa 13,953 198 $819,900 $92,814
48 Kaneohe 33,540 201 $805,700 $116,118
49 Aiea 9,730 208 $846,100 $114,961
50 Haiku-Pauwela 9,107 208 $862,900 $86,974

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.