Cost of Living in Nanawale Estates, HI

With a cost of living index of 84, Nanawale Estates, HI is a very affordable place to live. Living here is 16% cheaper than the national average and 73% below the Hawaii state average of 157. Nanawale Estates is a small community of 1,440 residents.

Housing costs are the biggest factor in Nanawale Estates's cost of living. The median monthly rent is $897 (32% below the US median of $1,319), and the median home value sits at $222,300 (27% below the national median of $304,900). At current prices, the median home costs roughly 8.9x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Nanawale Estates is $24,980, which is 67% lower than the national median of $75,149. Residents spend roughly 43% of household income on rent. This is well above the 30% affordability threshold, indicating a significant housing cost burden for many residents. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.