F
Overall 33%
Goods & Services 29%
Housing 5%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexVolcanoHawaiiNational
Cost of living133176100
Goods & Services129127100
Groceries152156100
Health care119120100
Housing105250100
Transportation146141100
Utilities203194100

Key findings

  • The cost of living in Volcano is 24% lower than the Hawaii average
  • The cost of living in Volcano is 33% higher than the national average
  • Volcano housing is 5% higher than the national average
  • Hawaii general sales tax is 18% lower than the national average
  • Hawaii state income tax is 37% lower than the national average

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Compare Volcano, HI Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$36,599$3,050$854$1,098
      Renters$0$0$0$0

      Hawaii Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Hawaii4.166%4.712%

      Hawaii Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Hawaii1.4%11%

      Goods & Services

      ItemVolcanoNational avg.Difference
      Haircut $12.17$17.4930.4%
      Beauty Salon $31.47$38.1717.5%
      Toothpaste $4.08$2.3276.0%
      Shampoo $1.72$1.0170.3%
      Movie $10.04$10.726.4%
      Bowling $13.87$13.860.1%

      Groceries

      ItemVolcanoNational avg.Difference
      Ground Beef $4.25$3.909.0%
      Fried Chicken $2.19$1.4056.8%
      Milk $3.21$1.9663.4%
      Potatoes $4.25$3.1833.6%
      Pizza $12.30$10.3918.3%
      Beer $7.78$9.2315.7%

      Health Care

      ItemVolcanoNational avg.Difference
      Optometrist $136.85$106.3428.7%
      Doctor $133.68$115.2516.0%
      Dentist $112.79$98.3814.6%
      Ibuprofen $13.01$9.2640.5%
      Lipitor $398.63$466.4714.5%

      Housing

      ItemVolcanoNational avg.Difference
      Home Price $191,500.00$184,700.003.7%
      Avg. Mortgage Payment $2,014.49$1,273.3258.2%
      Apartment Rent $1,022.00$949.007.7%

      Transportation

      ItemVolcanoNational avg.Difference
      Gasoline $3.16$2.5922.0%
      Tire Balancing $72.96$48.9049.2%

      Utilities

      ItemVolcanoNational avg.Difference
      All Electricity$431.66$167.60157.5%
      Phone $39.39$163.4275.9%
      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.
      Eden Roc, HI59912121%
      Fern Forest, HI66912323%
      Fern Acres, HI1,39212929%
      Hawaiian Acres, HI2,60313333%
      Mountain View, HI3,68413636%
      Volcano, HI2,51113333%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Rockville, MN2,5111099%
      Osceola, WI2,51197-3%
      Panhandle, TX2,51285-15%
      Excelsior, MN2,51013434%
      Spring City, TN2,51282-18%
      Volcano, HI2,51113333%
      Source: The Volcano, HI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.