Cost of Living in Koloa, HI

With a cost of living index of 156, Koloa, HI is one of the most expensive cities in the United States. Living here is 56% more expensive than the national average and in line with the Hawaii state average. Koloa is a small community of 2,327 residents.

Housing costs are the biggest factor in Koloa's cost of living. The median monthly rent is $1,505 (14% above the US median of $1,319), and the median home value sits at $873,900 (187% above the national median of $304,900). At current prices, the median home costs roughly 11.5x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Koloa is $76,316, which is 2% higher than the national median of $75,149. Residents spend roughly 24% 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.