Cost of Living in Kealakekua, HI

With a cost of living index of 117, Kealakekua, HI is a notably expensive place to live. Living here is 17% more expensive than the national average and 40% below the Hawaii state average of 157. Kealakekua is a small community of 1,989 residents.

Housing costs are the biggest factor in Kealakekua's cost of living. The median monthly rent is $1,052 (20% below the US median of $1,319), and the median home value sits at $574,600 (88% above the national median of $304,900). At current prices, the median home costs roughly 7.2x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Kealakekua is $79,332, which is 6% higher than the national median of $75,149. Residents spend roughly 16% 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.