10 Most Affordable Cities in Hawaii

While many dream of living the beach life in Hawaii, the cost of living in the Aloha State can be daunting. Hawaii is the most expensive state in the US, and home prices and utility costs alone can drive away even the biggest dreamers. One thing’s for sure, though: whether for work, retirement, or pleasure, Hawaii is a beautiful place to call home. NewHomeSource compiled a list of the most affordable cities in Hawaii to help inform your choice.

1. Hilo

Home Price to Income Ratio: 5.20

Average Property Tax: $922

Median Household Income: $63,283

The price is right in Hilo! Located on the island of Hawaii, Hilo is a lush city surrounded by rainforests, waterfalls, and caves; spend your days hiking and exploring all nature has to offer. For a change of pace, check out local food and crafts at the Hilo Farmers Market, or spend a day at the planetarium and gardens at ‘Imiloa Astronomy Center.

2. Waianae

Home Price to Income Ratio: 6.03

Average Property Tax: $1,088

Median Household Income: $62,172

Waianae is located along the western coast of Oahu. Enjoy sunny, warm days on its beaches, which host annual events such as Buffalo’s Big Board Surfing Classic where you can watch thrill-seekers ride the waves. At Waianae, you’ll experience a close-knit community with a rich and proud culture.

3. Kailua

Home Price to Income Ratio: 6.39

Average Property Tax: $1,340

Median Household Income: $72,267

On the opposite end of Oahu, you’ll find the charming town of Kailua. Adventurous spirits will love Kailua Beach Park, which has facilities equipped with gear for windsurfing, boogie boarding, snorkeling, and more. With its grocery store and numerous retail stores, the inland Kailua Town Center acts as the hub for shopping.  

4. Wailuku

Home Price to Income Ratio: 7.41

Average Property Tax: $1,035

Median Household Income: $73,576

From its generations-old stores to its new boutiques, Wailuku features a blend of modern delights and cultural history. Locals love Paukukalo Beach, which is notable for the driftwood that washes up onshore. To learn more about the island of Maui and Wailuku, check out the Maui Historical Society, which operates a museum, resource center, and more.

5. Kapaa

Home Price to Income Ratio: 5.98

Average Property Tax: $1,360

Median Household Income: $90,925

Kapaa is a small, unincorporated community of just over 11,000 residents on the east coast of Kauai. If you’re a fan of shopping, Kapaa is the place to call home. Whether it’s groceries, local crafts, art, or clothes, you’ll find everything you need at Kapaa’s multiple shopping plazas. If you prefer to explore the great outdoors, try hitting the hiking trails along the forested Nounou Mountain – nicknamed Sleeping Giant.

6. Kahului

Home Price to Income Ratio: 7.04

Average Property Tax: $1,153

Median Household Income: $86,129

Visitors to Maui will most likely start their adventure in Kahului, which hosts the county’s major airport. If you’re looking to live in a city with a bustling atmosphere, Kahului may be the place for you. Between its thriving businesses, museums, botanical gardens, and art galleries, there’s always something to do and see here! 

7. Kihei

Home Price to Income Ratio: 7.48

Average Property Tax: $1,121

Median Household Income: $78,869

Kihei is a coastal town along the southwest shores of Maui. Enjoy six miles of beaches where you can swim, snorkel, and even go whale watching! Head further into town and you can practice your swing at the local golf course or swim at the aquatic center. Kihei Regional Park is a local favorite, featuring sports fields, courts, and rinks, as well as picnic pavilions and a playground.

8. Ewa Beach

Home Price to Income Ratio: 5.50

Average Property Tax: $1,598

Median Household Income: $100,151

Ewa Beach is located along the southern coast of Oahu. As a suburb of Honolulu, Ewa Beach makes an attractive location for those who want to live near the state’s capital without the bustle and expenses. With new houses built and more to come, this may be the perfect opportunity to check out the sunny shores of Ewa Beach!

9. Kapolei

Home Price to Income Ratio: 5.51

Average Property Tax: $1,655

Median Household Income: $103,547

Like Ewa Beach, Kapolei is a Honolulu suburb that’s experienced a construction boom in recent years. Check out local attractions like the regional park, golf course, and Wet’n’Wild Hawaii, a water park that has fun for the whole family. Looking for more athletics? Check out Coral Crater Adventure Park, where you can enjoy obstacles courses and zip lining!

10. Wahiawa

Home Price to Income Ratio: 9.52

Average Property Tax: $1,598

Median Household Income: $62,092

Rounding out our top 10 list is Wahiawa. Located between two volcanic mountain ranges, Wahiawa is the gateway to hiking trails with spectacular views. Be sure to chisel out time to spend at the Wahiawa Botanical Garden and Wahiawa Freshwater State Recreation Area, which feature even more opportunities to breathe fresh air and get in tune with nature.

Cities with the Best Home Price to Income Ratio

While the list above is sorted by the lowest overall cost of living index, the following cities have the lowest home price to income ratio, meaning you can get more home for your money.

• Hilo
• Ewa Beach
• Kapolei