Cost of Living in Waikele, HI

Population 7,950 · Hawaii · Data vintage 2023

220
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Waikele sits 128% above the national median — $696,000 for the typical home — but median household incomes near $111,971 (50% above the US figure) soften the blow that similar pricing creates in lower-wage metros. The labor market has been unusually tight, with unemployment around 0.6% — below most comparable cities in the state.

Geographically, Waikele sits roughly 12 miles northwest of Urban Honolulu. Median home values run roughly 17% lower than Urban Honolulu's $834,000.

Cost Overview

Housing 228
Rent 208

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Waikele

The median home value in Waikele is $696,400 — 128% above the national median of $305,000. Median rent runs $2,739/month, 108% higher than the national median of $1,314/month. The median household income of $111,971/year is 50% higher than the US median of $74,580. The local unemployment rate is 0.6%, below the national average of 4.8%. Hawaii's top state income tax rate is 11.0% and the combined sales tax is 4.4%. Overall, Waikele has a cost of living index of 220 versus the US average of 100, meaning it is 120% more expensive.

🏠 Housing

Median Home Value
$696,400
128% above avg
Median Rent
$2,739/mo
108% above avg
Price-to-Rent Ratio
21.2x
Favors renting
Property Tax Rate
0.3%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,597
1 BR
$1,625
2 BR
$2,135
3 BR
$2,810
4 BR
$3,324
Owner-occupied 69.5%
Renter-occupied 30.5%

💰 Estimated Monthly Budget

Rent median rent
$2,739
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,353/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
30.3 min
12% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.1%

Commute Mode

Drove alone
74.5%
Carpooled
12.1%
Public transit
3.1%
Walked
0.4%
Work from home
8.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 11.0%
Total Sales Tax 4.4%
State rate 4.0%
Avg local rate 0.4%
Property Tax 0.3%

💼 Income & Employment

Median Household Income
$111,971
50% above avg
Per Capita Income
$53,766
Unemployment Rate
0.6%
87% below avg
Poverty Rate
4.4%
Labor Force Participation
76.3%

🎓 Education

Bachelor's degree+ 22.5%
Graduate degree 12.3%

👥 Demographics

Median Age 41
Male median age 40.4
Female median age 42.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 31 — Good
92.3%
Good air days/yr
117
Max AQI recorded
187
PM2.5 days
174
Ozone days

Frequently Asked Questions

What is the cost of living in Waikele, HI?

Waikele has a cost index of 220 (100 = national average). It is 120% above the national average.

What is average rent in Waikele, HI?

The median gross rent in Waikele is $2,739 per month based on 2023 Census data.

What is the average home price in Waikele?

The median home value in Waikele is $696,400 according to 2023 Census ACS data.

What is the median income in Waikele?

The median household income in Waikele is $111,971 per year (2023 ACS 5-year estimates).

What is the sales tax in Waikele, HI?

The combined state and local sales tax rate in Waikele is 4.4%. The Hawaii state income tax top rate is 11.0%.

Is Waikele, HI affordable?

Waikele is above average in cost of living, with an index of 220 — about 120% higher than the national average.

Waikele at a Glance

Population
7,950
Median Income
$111,971
Home Value
$696,400
Median Rent
$2,739/mo
Unemployment
0.6%
Sales Tax
4.4%
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Explore county-level cost of living data

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