Cost of Living in Hanamaulu, HI

With a cost of living index of 135, Hanamaulu, HI is a notably expensive place to live. Living here is 35% more expensive than the national average and 23% below the Hawaii state average of 157. Hanamaulu is a small community of 4,360 residents.

Housing costs are the biggest factor in Hanamaulu's cost of living. The median monthly rent is $1,452 (10% above the US median of $1,319), and the median home value sits at $634,700 (108% above the national median of $304,900). At current prices, the median home costs roughly 7.9x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Hanamaulu is $80,094, which is 7% higher than the national median of $75,149. Residents spend roughly 22% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.