Cost of Living in Waianae, HI
Housing
The housing market plays a significant role in determining the cost of living in Waianae, HI.
- Housing Index: 164.2 / 100
- Median Home Price is: $678,000
- Average Rent (2 BR Apartment): $1996 per month
- Average Rent (2 BR House): $2169 per month
When considering a move to Waianae, HI, you'll find the housing market to be quite competitive, with a housing index of 164.2, indicating it's likely more expensive than the national average. The median home price stands at 678000, which is substantial and may require a solid financial plan. Renting may be a more viable option, with average 2-bedroom apartment rents around 1996 and houses slightly higher at 2169. It's essential to balance these costs with local income levels and amenities available in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Waianae, 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 Waianae, 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 Waianae is a financially viable option for your relocation.