Cost of Living in Eleele, HI

With a cost of living index of 136, Eleele, HI is a notably expensive place to live. Living here is 36% more expensive than the national average and 22% below the Hawaii state average of 157. Eleele is a small community of 2,339 residents.

Housing costs are the biggest factor in Eleele's cost of living. The median monthly rent is $1,348 (2% above the US median of $1,319), and the median home value sits at $684,900 (125% above the national median of $304,900). At current prices, the median home costs roughly 5.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Eleele is $122,308, which is 63% higher than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.