| Index | Ocean Pointe | Hawaii | National |
| Cost of living | 190 | 163 | 100 |
| Groceries | 124 | 126 | 100 |
| Health care | 116 | 119 | 100 |
| Housing | 347 | 252 | 100 |
| Transportation | 117 | 121 | 100 |
| Utilities | 131 | 131 | 100 |
| Lifestyle & Entertainment | 126 | 127 | 100 |
| Household Items | 112 | 115 | 100 |
| Education & Childcare | 132 | 132 | 100 |
Getting a feel for the cost of living in Ocean Pointe is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Ocean Pointe is 190, which is 90% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Ocean Pointe is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Ocean Pointe falls into this category, which may not align with your goal of finding a budget-friendly living environment.
When it comes to the cost of living in Ocean Pointe, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 246.8% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.
Household expenses make up 8% of the total cost of living index score and cover the everyday essentials needed to keep your home running smoothly. These items may include cleaning supplies, laundry detergent, toiletries, clothing basics, and kitchen essentials. In Ocean Pointe, you can expect to pay 12.2% more than average for these everyday necessities, making it a more expensive place to live.
Groceries are getting more expensive by the day and the cost of groceries makes up 13% of the overall cost of living index. In the past two years, prices have shot up by over 10%! Unfortunately, in Ocean Pointe, it's the same story – grocery costs are 24% higher than what people pay across the country.
Is Ocean Pointe affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Ocean Pointe, for instance, where the median home price falls 263.4% higher than the national average, and monthly rent rates are 207.8% higher than usual. Additionally, median income levels contribute to the equation, with Ocean Pointe flaunting a median household income of $178,535, 119.5% higher than the national norm.
Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Ocean Pointe, the utilities index registers at 30.9% higher than the national average.
Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.
Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Ocean Pointe, the healthcare costs are 15.7% higher than the national average.
The Ocean Pointe cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $179,783 | $14,982 | $4,195 | $5,394 |
| Renters | $150,936 | $12,578 | $3,522 | $4,529 |
| State | General Sales Tax | With Max Surtax |
| Hawaii | 4% | 4.712% |
| State | Income Tax (Low) | Income Tax (High) |
| Hawaii | 1.4% | 11% |
| City | Population | Cost of Living Index | National Avg. |
| Waianae, HI | 13,612 | 141 | 40.9% |
| Makaha, HI | 10,411 | 143 | 42.7% |
| Nanakuli, HI | 11,830 | 145 | 45.1% |
| Waipio Acres, HI | 5,724 | 154 | 53.8% |
| Waimalu, HI | 14,084 | 155 | 55.3% |
| Ocean Pointe, HI | 16,005 | 190 | 89.6% |
| City | Population | Cost of Living Index | National Avg. |
| Addison, TX | 16,007 | 121 | 21.2% |
| Hot Springs Village, AR | 15,995 | 102 | 1.8% |
| Colonial Park, PA | 16,015 | 97 | 2.6% |
| Sienna Plantation, TX | 15,994 | 124 | 24.3% |
| Tanque Verde, AZ | 16,017 | 134 | 33.7% |
| Ocean Pointe, HI | 16,005 | 190 | 89.6% |
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