Cost of Living in Waikoloa Village, HI

Population 7,028 · Hawaii · Data vintage 2023

201
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Waikoloa Village run well above the national baseline, with a median of $674,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $92,713 place the city among the better-paid Hawaii metros. Unemployment has stayed elevated relative to the national figure — 10.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Waikoloa Village lies roughly 165 miles southeast of the nearest major metro, Urban Honolulu. Median home values run roughly 19% lower than Urban Honolulu's $834,000.

Cost Overview

Housing 221
Rent 172

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

About the Cost of Living in Waikoloa Village

The median home value in Waikoloa Village is $674,100 — 121% above the national median of $305,000. Median rent runs $2,259/month, 72% higher than the national median of $1,314/month. The median household income of $92,713/year is 24% higher than the US median of $74,580. The local unemployment rate is 10.2%, above 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, Waikoloa Village has a cost of living index of 201 versus the US average of 100, meaning it is 101% more expensive.

🏠 Housing

Median Home Value
$674,100
121% above avg
Median Rent
$2,259/mo
72% above avg
Price-to-Rent Ratio
24.9x
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 79.2%
Renter-occupied 20.8%

💰 Estimated Monthly Budget

Rent median rent
$2,259
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,873/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
30.4 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.2%

Commute Mode

Drove alone
71.5%
Carpooled
21.4%
Walked
0.3%
Work from home
6.2%

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
$92,713
24% above avg
Per Capita Income
$39,434
Unemployment Rate
10.2%
112% above avg
Poverty Rate
6.9%
Labor Force Participation
63.5%

🎓 Education

Bachelor's degree+ 21.9%
Graduate degree 13.1%

👥 Demographics

Median Age 42.1
Male median age 44.7
Female median age 38.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 23 — Good
92.1%
Good air days/yr
71
Max AQI recorded
365
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Waikoloa Village, HI?

Waikoloa Village has a cost index of 201 (100 = national average). It is 101% above the national average.

What is average rent in Waikoloa Village, HI?

The median gross rent in Waikoloa Village is $2,259 per month based on 2023 Census data.

What is the average home price in Waikoloa Village?

The median home value in Waikoloa Village is $674,100 according to 2023 Census ACS data.

What is the median income in Waikoloa Village?

The median household income in Waikoloa Village is $92,713 per year (2023 ACS 5-year estimates).

What is the sales tax in Waikoloa Village, HI?

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

Is Waikoloa Village, HI affordable?

Waikoloa Village is above average in cost of living, with an index of 201 — about 101% higher than the national average.