Cost of Living in Kaloko, HI

With a cost of living index of 190, Kaloko, HI is one of the most expensive cities in the United States. Living here is 90% more expensive than the national average and 33% above the Hawaii state average of 157. Kaloko is a small community of 1,555 residents.

Housing costs are the biggest factor in Kaloko's cost of living. The median monthly rent is $1,898 (44% above the US median of $1,319), and the median home value sits at $1,143,400 (275% above the national median of $304,900). At current prices, the median home costs roughly 11x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Kaloko is $104,167, which is 39% 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. While incomes are above average, they do not fully 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.