Makawao, HI vs Schofield Barracks, HI

Makawao, HI and Schofield Barracks, HI have a very similar cost of living, with only a 2.8% difference in their overall index. Makawao scores 156 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 Makawao has a median rent of $1,699/month while Schofield Barracks comes in at $3,192/month, a 47% difference.

Median household income in Makawao is $96,116 compared to $74,695 in Schofield Barracks (+28.7%). Makawao offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Makawao spend roughly 21.2% of their income on rent, less than the 51.3% in Schofield Barracks. The Makawao ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.