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Schofield Barracks, HI vs Wailea, HI

161
Schofield Barracks
Hawaii
VS
-28.4%
225
Wailea
Hawaii

There is a significant gap in the cost of living between these two cities. Schofield Barracks is 28.4% cheaper than Wailea. With a cost index of 161 vs 225, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Schofield Barracks to Wailea should plan for substantially higher expenses across most categories.

Renters will find that Schofield Barracks has a median rent of $3,192/month while Wailea comes in at $2,485/month, a 29% difference.

Median household income in Schofield Barracks is $74,695 compared to $89,375 in Wailea (-16.4%). The higher salaries in Wailea partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Schofield Barracks spend roughly 51.3% of their income on rent, more than the 33.4% in Wailea. The Wailea ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Schofield Barracks
161
28% cheaper
Wailea
225
Median Household Income
Schofield Barracks
$74,695
Wailea
$89,375
16% higher

Housing

Median Rent
Schofield Barracks
$3,192
Wailea
$2,485
22% cheaper
Median Home Value
Schofield Barracks
Wailea
$1,363,700
Population
Schofield Barracks
16,755
Wailea
6,571

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Schofield Barracks $3.38
Wailea $3.38
US $3.07
🥚
Eggs (grade A, large)
Schofield Barracks $2.76
Wailea $2.76
US $2.50
🥛
Milk (whole)
Schofield Barracks $4.44
Wailea $4.44
US $4.03
🍞
Bread (white)
Schofield Barracks $2.04
Wailea $2.04
US $1.85
🍗
Chicken breast
Schofield Barracks $4.57
Wailea $4.57
US $4.14
Electricity
Schofield Barracks $0.36
Wailea $0.36
US $0.19