Hanamaulu, HI vs Waimea CDP (Hawaii County), HI

Hanamaulu is moderately more affordable than Waimea CDP (Hawaii County), with a 12.5% lower cost of living index. Hanamaulu scores 135 compared to 154 for Waimea CDP (Hawaii County), where the US average is 100. This difference means residents of Waimea CDP (Hawaii County) can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hanamaulu is $1,452/month compared to $2,039/month in Waimea CDP (Hawaii County) — a 29% difference. Home values follow the same pattern: Hanamaulu is more affordable at $634,700 median vs $652,900.

Median household income in Hanamaulu is $80,094 compared to $89,268 in Waimea CDP (Hawaii County) (-10.3%). The higher salaries in Waimea CDP (Hawaii County) partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hanamaulu spend roughly 21.8% of their income on rent, less than the 27.4% in Waimea CDP (Hawaii County).