Cost of Living in Kaunakakai, HI

With a cost of living index of 92, Kaunakakai, HI is slightly more affordable than average. Living here is 8% cheaper than the national average and 65% below the Hawaii state average of 157. Kaunakakai is a small community of 3,721 residents.

Housing costs are the biggest factor in Kaunakakai's cost of living. The median monthly rent is $905 (31% below the US median of $1,319), and the median home value sits at $335,200 (10% above the national median of $304,900). At current prices, the median home costs roughly 4.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Kaunakakai is $76,944, which is 2% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Kahului-Wailuku, HI (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.