Cost of Living in Waimanalo, HI
Housing
The housing market plays a significant role in determining the cost of living in Waimanalo, HI.
- Housing Index: 164.2 / 100
- Median Home Price is: $838,000
- Average Rent (2 BR Apartment): $2777 per month
- Average Rent (2 BR House): $3019 per month
In analyzing the data for Waimanalo, HI, we find the housing index sits at 164.2, with a median home price of 838000. This suggests that while it may be pricey to purchase, the rental market for both 2-bedroom apartments and houses is currently at \$0, indicating possible low availability. It’s crucial to consider not just the prices, but also the local job market, amenities, and quality of life. Remember to budget for potential increases in these costs if rentals become available, as these factors can significantly impact your cost of living.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Waimanalo, 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 Waimanalo, 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 Waimanalo is a financially viable option for your relocation.