Cost of Living in Hanalei, HI
Housing
The housing market plays a significant role in determining the cost of living in Hanalei, HI.
- Housing Index: Data is updating
- Median Home Price is: $1,181,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Hanalei, HI? The current housing data suggests a housing index of 0.0, indicating potential affordability challenges in comparison to other areas. The median home price stands at a significant 1181000, reflecting a higher-end market. It’s important to note the absence of rental prices for a 2-bedroom apartment and house, which may suggest limited availability or possible variability in rental options. It might be beneficial to explore local amenities, job opportunities, and lifestyle fit when making your decision, as these factors can contribute greatly to overall satisfaction in your new home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hanalei, HI.
- Electricity Price: $42.45 USD (median by state)
- Natural Gas Price: $51.22 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Hanalei, HI could entail higher utility costs. Electricity costs sit at $42.45, while natural gas is priced at $51.22 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Hanalei is a financially viable option for your relocation.