The 10 Cheapest Places To Live In Hawaii For 2019


We used data and science to determine which places in Hawaii go easy on your wallet.

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Editor’s Note: We updated this article for 2019. This is our fourth time ranking the cheapest places to live in Hawaii.

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A wise sage once said:

“She works hard for the money…”

And these places in Hawaii definitely treat her right.

You see, these are the cities and places in Hawaii where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Aloha State, then the cost of living should play a role in the decision.

So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 50 largest places in Hawaii, we were left with this set of the best value for your money.

So where is the cheapest place to live in Hawaii? That would be Hilo.

So listen up Wailea (the most expensive place in Hawaii) as we explain how we created this ranking. You could learn some things from the rest of the state.

And if you already knew these places were cheap, check out some more reading about Hawaii and the cheapest places in the country:

The 10 Cheapest Places To Live In Hawaii For 2019

Hilo, HI

Overall SnackAbility

7.5
/10

Population: 45,703
Rank Last Year: 2 (Up 1)
Home Price To Income Ratio: 5.4x (9th most affordable)
Income To Rent Ratio: 57.8x (13th cheapest)
More On Hilo: Homes For Sale | Data | Photos

Hilo is the largest settlement and census-designated place in Hawaii County, Hawaii, United States, which encompasses the Island of Hawaii. The population was 43,263 at the 2010 census.

The median income in Hilo comes in at $57,151 and the median home value is $305,900 for 2019.

Waianae, HI

Overall SnackAbility

5
/10

Population: 13,636
Rank Last Year: 5 (Up 3)
Home Price To Income Ratio: 5.6x (15th most affordable)
Income To Rent Ratio: 57.0x (14th cheapest)
More On Waianae: Homes For Sale | Data | Photos

The median income in Waianae comes in at $60,282 and the median home value is $339,500 for 2019.

Ewa Villages, HI

Overall SnackAbility

6
/10

Population: 8,087
Rank Last Year: 4 (Up 1)
Home Price To Income Ratio: 6.2x (21st most affordable)
Income To Rent Ratio: 74.3x (1st cheapest)
More On Ewa Villages: Homes For Sale | Data | Photos

The median income in Ewa Villages comes in at $79,716 and the median home value is $495,200 for 2019.

Ewa Beach, HI

Overall SnackAbility

6
/10

Population: 15,047
Rank Last Year: 9 (Up 5)
Home Price To Income Ratio: 5.3x (8th most affordable)
Income To Rent Ratio: 53.5x (22nd cheapest)
More On Ewa Beach: Homes For Sale | Data | Photos

The median income in Ewa Beach comes in at $90,069 and the median home value is $474,200 for 2019.

Waimea Cdp (Hawaii County), HI

Overall SnackAbility

6
/10

Population: 12,064
Rank Last Year: 18 (Up 14)
Home Price To Income Ratio: 5.4x (11th most affordable)
Income To Rent Ratio: 52.4x (26th cheapest)
More On Waimea Cdp (Hawaii County): Homes For Sale | Data

The median income in Waimea Cdp (Hawaii County) comes in at $72,759 and the median home value is $392,300 for 2019.

Source: Public Domain
Overall SnackAbility

7
/10

Population: 6,014
Rank Last Year: 3 (Down 3)
Home Price To Income Ratio: 5.5x (14th most affordable)
Income To Rent Ratio: 53.5x (23rd cheapest)
More On Waikoloa Village: Homes For Sale | Data

The median income in Waikoloa Village comes in at $73,453 and the median home value is $401,700 for 2019.

Overall SnackAbility

6
/10

Population: 11,564
Rank Last Year: 14 (Up 7)
Home Price To Income Ratio: 4.9x (3rd most affordable)
Income To Rent Ratio: 44.9x (42nd cheapest)
More On Hawaiian Paradise Park: Homes For Sale | Data

The median income in Hawaiian Paradise Park comes in at $51,908 and the median home value is $255,300 for 2019.

Kapolei, HI

Overall SnackAbility

7
/10

Population: 21,086
Rank Last Year: 6 (Down 1)
Home Price To Income Ratio: 5.0x (5th most affordable)
Income To Rent Ratio: 52.8x (25th cheapest)
More On Kapolei: Homes For Sale | Data | Photos

Kapolei is a master-planned community in Honolulu County, Hawaii, United States, on the island of Oahu. It is colloquially known as the “second city” of Oahu, in relation to Honolulu. Officially, it is a census-designated place within the consolidated city-county of Honolulu.

The median income in Kapolei comes in at $98,025 and the median home value is $490,600 for 2019.

Nanakuli, HI

Overall SnackAbility

6
/10

Population: 11,757
Rank Last Year: 8 (Down 1)
Home Price To Income Ratio: 4.8x (2nd most affordable)
Income To Rent Ratio: 42.7x (44th cheapest)
More On Nanakuli: Homes For Sale | Data | Photos

The median income in Nanakuli comes in at $65,101 and the median home value is $310,300 for 2019.

Wailuku, HI

Overall SnackAbility

7.5
/10

Population: 16,995
Rank Last Year: 7 (Down 2)
Home Price To Income Ratio: 6.9x (27th most affordable)
Income To Rent Ratio: 61.6x (7th cheapest)
More On Wailuku: Homes For Sale | Data | Photos

Wailuku is a census-designated place in Maui County, Hawaii, United States. The population was 15,313 at the 2010 census. It is the county seat of Maui County.

The median income in Wailuku comes in at $69,250 and the median home value is $480,700 for 2019.

How We Determined The Most Affordable Places To Live In The Aloha State For 2019

Map Of The Cheapest Places To Live In Hawaii
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it’s actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2013-2017 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in Hawaii to figure out which is the least expensive.

What you are left with is a “Cost of Living Index” by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 50 places in Hawaii that have more than 5,000 people.

The place with the lowest cost of living in Hawaii according to the data is Hilo.

There You Have It Mr. Or Mrs. Hawaii Cheapskate

If you’re looking at the cost of living numbers in Hawaii, this is an accurate list of the most affordable places to live in hawaii for 2019.

Here’s a look at the most expensive cities in Hawaii according to the data:

  1. Wailea
  2. East Honolulu
  3. Urban Honolulu

For more Hawaii reading, check out:

Where Are The Most Affordable Places To Live In Hawaii?

Rank City CheapScore Population Home/Income Ratio Income/Rent Ratio
1 Hilo 8.33 45,703 5.4x 57.8x
2 Waianae 11.33 13,636 5.6x 57.0x
3 Ewa Villages 13.33 8,087 6.2x 74.3x
4 Ewa Beach 14.67 15,047 5.3x 53.5x
5 Waimea Cdp (Hawaii County) 14.67 12,064 5.4x 52.4x
6 Waikoloa Village 15.33 6,014 5.5x 53.5x
7 Hawaiian Paradise Park 15.67 11,564 4.9x 44.9x
8 Kapolei 15.67 21,086 5.0x 52.8x
9 Nanakuli 16.67 11,757 4.8x 42.7x
10 Wailuku 16.67 16,995 6.9x 61.6x

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