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.
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 |
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%).
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.