Cost of Living in Volcano, HI
Housing
The housing market plays a significant role in determining the cost of living in Volcano, HI.
- Housing Index: 164.2 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $2777 per month
- Average Rent (2 BR House): $3019 per month
When evaluating a move to Volcano, HI, it's crucial to leverage the provided housing metrics. With a housing index of 164.2, the affordability may significantly vary. The current median home price is 0, which shows a particular mark on the real estate landscape. Be aware that the average rent for a 2-bedroom apartment stands at 2777, while renting a 2-bedroom house averages 3019. Comparative analysis with neighboring areas can further illuminate potential cost savings, making Volcano an appealing consideration for your new home!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Volcano, 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 Volcano, 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 Volcano is a financially viable option for your relocation.