Cost of Living in Kaneohe, HI
Housing
The housing market plays a significant role in determining the cost of living in Kaneohe, HI.
- Housing Index: 164.2 / 100
- Median Home Price is: $901,000
- Average Rent (2 BR Apartment): $3236 per month
- Average Rent (2 BR House): $3517 per month
Considering a move to Kaneohe, HI? The housing index currently stands at 164.2, indicating that property values are relatively high in this area. With a median home price of 901000, potential buyers should prepare for a significant investment. For renters, the average rent for a 2-bedroom apartment is 3236, while a similar house averages 3517. These costs may reflect the city's amenities, job market, and desirability. It's essential to weigh these factors against your budget and lifestyle preferences before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Kaneohe, HI.
- Electricity Price: $42.45 USD (median by state)
- Natural Gas Price: $51.22 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $355 per month
Living in Kaneohe, HI could entail higher utility costs. Electricity costs sit at $42.45, while natural gas is priced at $51.22 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $355 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Kaneohe is a financially viable option for your relocation.