Cost of Living in Pahoa, HI
Housing
The housing market plays a significant role in determining the cost of living in Pahoa, HI.
- Housing Index: 120.5 / 100
- Median Home Price is: $262,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1880 per month
In Pahoa, HI, the housing market exhibits a significant index of 120.5. With a median home price of 262000, potential homebuyers might find this a mid-range investment depending on their financial situation. Renting appears to be relatively costly as well, with average rents for 2BR apartments at 1800 and 2BR houses at 1880. Considering the community amenities and local job market trends could also influence your decision. This area not only offers diverse housing options but could likely appreciate in value, making it appealing for future homeowners.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pahoa, 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.): $250 per month
Living in Pahoa, 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 $250 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 Pahoa is a financially viable option for your relocation.