Makakilo, HI vs Waikoloa Village, HI

Waikoloa Village is moderately more affordable than Makakilo, with a 7% lower cost of living index. Makakilo scores 174 compared to 162 for Waikoloa Village, where the US average is 100. This difference means residents of Makakilo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Makakilo is $2,202/month compared to $2,259/month in Waikoloa Village — a 3% difference. Interestingly, home values tell a different story: while Makakilo has cheaper rent, Waikoloa Village actually has lower median home values ($674,100 vs $827,900).

Median household income in Makakilo is $120,489 compared to $92,713 in Waikoloa Village (+30%). While Makakilo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Makakilo spend roughly 21.9% of their income on rent, less than the 29.2% in Waikoloa Village.