Cost of Living in Wainaku, HI

With a cost of living index of 115, Wainaku, HI is a notably expensive place to live. Living here is 15% more expensive than the national average and 42% below the Hawaii state average of 157. Wainaku is a small community of 1,082 residents.

Housing costs are the biggest factor in Wainaku's cost of living. The median monthly rent is $1,100 (17% below the US median of $1,319), and the median home value sits at $532,400 (75% above the national median of $304,900). At current prices, the median home costs roughly 7.4x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Wainaku is $72,188, which is 4% lower than the national median of $75,149. Residents spend roughly 18% 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.