Lahaina, HI vs Schofield Barracks, HI

Lahaina, HI and Schofield Barracks, HI have a very similar cost of living, with only a 3.7% difference in their overall index. Lahaina scores 167 while Schofield Barracks scores 161 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

Renters will find that Lahaina has a median rent of $1,988/month while Schofield Barracks comes in at $3,192/month, a 38% difference.

Median household income in Lahaina is $85,988 compared to $74,695 in Schofield Barracks (+15.1%). While Lahaina is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lahaina spend roughly 27.7% of their income on rent, less than the 51.3% in Schofield Barracks. The Lahaina ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.