Cost of Living in Wailua Homesteads, HI

Population 7,136 · Hawaii · Data vintage 2023

239
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Wailua Homesteads run well above the national baseline, with a median of $898,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $94,900 place the city among the better-paid Hawaii metros.

Geographically, Wailua Homesteads lies roughly 110 miles northwest of the nearest major metro, Urban Honolulu. Median home values run roughly 8% higher than Urban Honolulu's $834,000.

Cost Overview

Housing 295
Rent 156

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

About the Cost of Living in Wailua Homesteads

The median home value in Wailua Homesteads is $898,300 — 195% above the national median of $305,000. Median rent runs $2,052/month, 56% higher than the national median of $1,314/month. The median household income of $94,900/year is 27% higher than the US median of $74,580. The local unemployment rate is 4.6%, 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, Wailua Homesteads has a cost of living index of 239 versus the US average of 100, meaning it is 139% more expensive.

🏠 Housing

Median Home Value
$898,300
195% above avg
Median Rent
$2,052/mo
56% above avg
Price-to-Rent Ratio
36.5x
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 78.6%
Renter-occupied 21.4%

💰 Estimated Monthly Budget

Rent median rent
$2,052
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,666/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
24.7 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.1%

Commute Mode

Drove alone
65.0%
Carpooled
17.3%
Public transit
1.0%
Walked
0.6%
Work from home
16.1%

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
$94,900
27% above avg
Per Capita Income
$51,764
Unemployment Rate
4.6%
4% below avg
Poverty Rate
7.5%
Labor Force Participation
64.0%

🎓 Education

Bachelor's degree+ 25.7%
Graduate degree 7.2%

👥 Demographics

Median Age 42.9
Male median age 48
Female median age 40.7

Frequently Asked Questions

What is the cost of living in Wailua Homesteads, HI?

Wailua Homesteads has a cost index of 239 (100 = national average). It is 139% above the national average.

What is average rent in Wailua Homesteads, HI?

The median gross rent in Wailua Homesteads is $2,052 per month based on 2023 Census data.

What is the average home price in Wailua Homesteads?

The median home value in Wailua Homesteads is $898,300 according to 2023 Census ACS data.

What is the median income in Wailua Homesteads?

The median household income in Wailua Homesteads is $94,900 per year (2023 ACS 5-year estimates).

What is the sales tax in Wailua Homesteads, HI?

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

Is Wailua Homesteads, HI affordable?

Wailua Homesteads is above average in cost of living, with an index of 239 — about 139% higher than the national average.

Wailua Homesteads at a Glance

Population
7,136
Median Income
$94,900
Home Value
$898,300
Median Rent
$2,052/mo
Unemployment
4.6%
Sales Tax
4.4%
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